Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. Richard Heinberg proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.
Video by Richard Heinberg and The Post Carbon Institute.
Gus Speth: It’s business as usual that’s the utopian fantasy, while creating something very new and different is the pragmatic way forward.
For advice about life after graduation, students at Worcester Polytechnic were slated to hear from Exxon's CEO. They invited Richard Heinberg, instead. Here's what he told them.