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  The Third Curve: The End of Growth As You Know
 

The Third Curve: The End Of Growth As You Know

by Mansoor Khan

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  The Modern Industrial World stands at a crucial and unavoidable turning point. The sacrosanct paradigm of modern economics, namely perpetual growth, is in the process of ending. Our economic growth model makes a simple yet amazingly unreasonable assumption that we have limitless resources and energy on a finite planet.

This assumption appeared to hold true for the last 150 years – the first half of oil reserves. But now we are about to begin the second half of the story of oil. This half-way point of oil is an unprecedented point in history and is called Peak Oil. Peak Oil is not an ideology but an aspect of geology – the point of maximum oil extraction from the earth. And as this is the peak, the only way forward is down.

This geological limit is what defines what will be economically possible in the future starting right now. The global economic collapse of 2008 was the advent of this turning point because past the peak we get only less oil. Therefore less industrial and economic growth. This spells doom to the religion of perpetual economic growth.

Therefore this book is NOT directly about morality, justice, equity, environmental consciousness and other noble human values. It is about the head-on collision between:

Our total acceptance of an infinite economic growth model which is not possible.

AND

Our total denial of the finiteness of the earth which is evident.

ISBN - 9788192635101
 


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