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Tag: Malthus


M for Marginalism

Money: All money is credit in one way or another. But today it is government-backed or government-created credit, as its defining characteristic is the government’s willingness to accept it in payment of taxes or other public fees.

Posted on Jan 24, 2014 READ MORE



Flickr / Tony Spencer Some rights reserved

Industrial Capitalism Still on Course to Consume the World

Echoing the now-weary warnings of scientists, environmentalists and other well-meaning people, a United Nations report released Thursday says: “By 2050, humanity could devour an estimated 140 billion tons of minerals, ores, fossil fuels and biomass per year—three times its current appetite—unless the economic growth rate is ‘decoupled’ from the rate of natural resource consumption.”

Posted on May 12, 2011 READ MORE


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