Resource Scarcity
Been reading again some ecological economics articles for earlier this term. There's this big debate about whether technology and efficiency increases will lead to a decreasing dependancy on natural resources. Some people (in what I have affectionately termed the 'fools' camp) seem to believe that this is actually the case & as long as we are all just really efficient, plus harvesting the sun's energy more effectively, we can happily carry on growing and consuming. Well, at least that's what I think they are on about. But then there's the other camp of ecological economists who point out - what are they on about? Just because your really efficient doesn't mean that you take natural resources out of the equation! The best chef in the world cannot make the nicest cake if he has no ingredients . . . to paraphrase the analogy. Forms of capital are not completly interchangable, but compliments. We need to be worried about these economists if they really are thinking that growth is not resource dependent. Or we're never going to get anywhere.
Right, back to work
rik
Right, back to work
rik

