Yes, crimes were committed, and the Wall Street criminals escaped (for now)—not only unscathed but rewarded with infuriating bonuses. But Richard Heinberg’s new book The End of Growth makes a compelling case that the real source of the economic downturn is more systemic than villainous. Our economy is based on a fantasy of infinite growth, and it clashes with the real world of finite resources. This brief 6:30 short nicely summarizes his argument. If it sparks your curiosity you’ll want to check out some excerpts from his book.
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