nuclear-news

By Jason Hickel

Abolishing debt-based currency isn’t a new idea, but it could hold the secret to ending our economies’ environmentally damaging addiction to growth.

When it comes to global warming, we know that the real problem is not just fossil fuels – it is the logic of endless growth that is built into our economic system.

If we don’t keep the global economy growing by at least 3% per year, it plunges into crisis.

That means we have to double the size of the economy every 20 years, just to stay afloat. It doesn’t take much to realise that this imperative for exponential growth makes little sense given the limits of our finite planet.
Rapid climate change is the most obvious symptom of this contradiction, but we’re also seeing it in the form of deforestation, desertification and mass extinction, with species dying at an alarming rate as our consumption…