Unit 4: Economic Growth and the Environment Flashcards
Thomas Malthus
Wrote An Essay on the Principle of Population (1798), which said that humans were too undisciplined to be able to control their ‘urges’. Populations would inevitably grow larger than available food supply and eventually collapse due to ‘overshooting’ Ecological Carrying Capacity.
Ecological Carrying Capacity
The natural limit of a population set by resources in a particular environment
Collapse Theory
At some point in time terrible consequences occur without a great deal of prior warning.
Paul Ehlrich
Wrote “The Population Bomb” (1968), which warned of the perils of overpopulation: mass starvation, societal upheaval, environmental deterioration.
Degrowth Movement
Shrinking the economy by reducing levels of production and consumption to conserve natural resources and minimize environmental damage.
1972 Club of Rome
Released “Limits to Growth,” which studied the ‘‘predicament of mankind in the face of technology growing at an exponential rate” based on simulations at MIT. Concluded that sustainability required a steady state economy (an economy with zero growth)
Decoupling
Allowing growth to continue without additional environmental harm by making efficiency improvements.
Limits to Growth business as usual scenario
If present economic and population growth trends continued then Global Collapse would occur within 100 years.
Limits to Growth alternative scenarios
Population and industrial output flatlining for ecological stability.
Ester Boserup
Wrote “The Conditions of Agricultural Growth” in In 1965, which emphasized that forward projections of food supply must account for the role of innovation.
Julian Simon
In 1980, wrote about humans as the ultimate resource, which said that living conditions will continue to improve but people will continue to think and say that the conditions of life are getting worse.
Relative decoupling
Resource use grows less rapidly than economic output.
Absolute decoupling
Resource use declines while economic output grows.
Planetary Boundaries
Limits that define the actions needed to stop rapid and destructive climate change.
Sustainable Development (Unit 4)
Middle ground in degrowth vs decoupling where the current trends of growth are unsustainable. Possible to continue growing the economy sustainably if actions are taken to ‘decouple’ economic growth from environmental degradation. However, this will cost some growth (Growth Reduction) and will require a massive transformational effort.