Debt Crisis? Try Growth Crisis
Video: Richard Heinberg explains why the debt crisis is really a growth crisis... and why that might not be such a bad thing.
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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.
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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.
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