Limits to growth
https://www.vice.com/en/article/z3xw3x/new-research-vindicates-1972-mit-pred... MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We’re on Schedule. A 1972 MIT study predicted that rapid economic growth would lead to societal collapse in the mid 21st century. A new paper shows we’re unfortunately right on schedule. NA by [Nafeez Ahmed](https://www.vice.com/en/contributor/nafeez-ahmed) July 14, 2021, 6:00am - - - [GettyImages-1189106363] Image: Getty A remarkable new study by a director at one of the largest accounting firms in the world has found that a famous, decades-old warning from MIT about the risk of industrial civilization collapsing appears to be accurate based on new empirical data. As the world looks forward to a rebound in economic growth following the devastation wrought by the pandemic, the research raises urgent questions about the risks of attempting to simply return to the pre-pandemic ‘normal.’ In 1972, a team of MIT scientists got together to study the risks of civilizational collapse. Their [system dynamics model](https://www.theguardian.com/environment/earth-insight/2014/jun/04/scientists...) published by the Club of Rome identified impending ‘limits to growth’ (LtG) that meant industrial civilization was on track to collapse sometime within the 21st century, due to overexploitation of planetary resources. The controversial MIT analysis generated heated debate, and was widely derided at the time by pundits who misrepresented its findings and methods. But the analysis has now received stunning vindication from a study written by a senior director at professional services giant KPMG, one of the 'Big Four' accounting firms as measured by global revenue. Limits to growth The study was published in the Yale Journal of Industrial Ecology in November 2020 and is available [on the KPMG website](https://advisory.kpmg.us/articles/2021/limits-to-growth.html). It concludes that the current business-as-usual trajectory of global civilization is heading toward the terminal decline of economic growth within the coming decade—and at worst, could trigger societal collapse by around 2040. The study represents the first time a top analyst working within a mainstream global corporate entity has taken the ‘limits to growth’ model seriously. Its author, Gaya Herrington, is Sustainability and Dynamic System Analysis Lead at KPMG in the United States. However, she decided to undertake the research as a personal project to understand how well the MIT model stood the test of time. The study itself is not affiliated or conducted on behalf of KPMG, and does not necessarily reflect the views of KPMG. Herrington performed the research as an extension of [her Masters thesis](https://dash.harvard.edu/handle/1/37364868) at Harvard University in her capacity as an advisor to the Club of Rome. However, she is quoted [explaining her project](https://advisory.kpmg.us/articles/2021/limits-to-growth.html) on the KPMG website as follows: “Given the unappealing prospect of collapse, I was curious to see which scenarios were aligning most closely with empirical data today. After all, the book that featured this world model was a bestseller in the 70s, and by now we’d have several decades of empirical data which would make a comparison meaningful. But to my surprise I could not find recent attempts for this. So I decided to do it myself.” Titled ‘Update to limits to growth: Comparing the World3 model with empirical data’, the study attempts to assess how MIT’s ‘World3’ model stacks up against new empirical data. Previous studies that attempted to do this found that the model’s worst-case scenarios accurately reflected real-world developments. However, the [last study](https://sustainable.unimelb.edu.au/__data/assets/pdf_file/0005/2763500/MSSI-...) of this nature was completed in 2014. The risk of collapse Herrington’s new analysis examines data across 10 key variables, namely population, fertility rates, mortality rates, industrial output, food production, services, non-renewable resources, persistent pollution, human welfare, and ecological footprint. She found that the latest data most closely aligns with two particular scenarios, ‘BAU2’ (business-as-usual) and ‘CT’ (comprehensive technology). “BAU2 and CT scenarios show a halt in growth within a decade or so from now,” the study concludes. “Both scenarios thus indicate that continuing business as usual, that is, pursuing continuous growth, is not possible. Even when paired with unprecedented technological development and adoption, business as usual as modelled by LtG would inevitably lead to declines in industrial capital, agricultural output, and welfare levels within this century.” Study author Gaya Herrington told Motherboard that in the MIT World3 models, collapse “does not mean that humanity will cease to exist,” but rather that “economic and industrial growth will stop, and then decline, which will hurt food production and standards of living… In terms of timing, the BAU2 scenario shows a steep decline to set in around 2040.” [image3.png] The ‘Business-as-Usual’ scenario (Source: Herrington, 2021 The end of growth? In the comprehensive technology (CT) scenario, economic decline still sets in around this date with a range of possible negative consequences, but this does not lead to societal collapse. [image1.png] The ‘Comprehensive Technology’ scenario (Source: Herrington, 2021 Unfortunately, the scenario which was the least closest fit to the latest empirical data happens to be the most optimistic pathway known as ‘SW’ (stabilized world), in which civilization follows a sustainable path and experiences the smallest declines in economic growth—based on a combination of technological innovation and widespread investment in public health and education. [image2.png] )The ‘Stabilized World’ Scenario (Source: Herrington, 2021) Although both the business-as-usual and comprehensive technology scenarios point to the coming end of economic growth in around 10 years, only the BAU2 scenario “shows a clear collapse pattern, whereas CT suggests the possibility of future declines being relatively soft landings, at least for humanity in general.” Both scenarios currently “seem to align quite closely not just with observed data,” Herrington concludes in her study, indicating that the future is open. A window of opportunity While focusing on the pursuit of continued economic growth for its own sake will be futile, the study finds that technological progress and increased investments in public services could not just avoid the risk of collapse, but lead to a new stable and prosperous civilization operating safely within planetary boundaries. But we really have only the next decade to change course. “At this point therefore, the data most aligns with the CT and BAU2 scenarios which indicate a slowdown and eventual halt in growth within the next decade or so, but World3 leaves open whether the subsequent decline will constitute a collapse,” the study concludes. Although the ‘stabilized world’ scenario “tracks least closely, a deliberate trajectory change brought about by society turning toward another goal than growth is still possible. The LtG work implies that this window of opportunity is closing fast.” In a presentation at the World Economic Forum in 2020 delivered in her capacity as a KPMG director, Herrington [argued](https://www.weflive.com/story/e968fb0963974e1e8f6c636e5654cbc2) for ‘agrowth’—an agnostic approach to growth which focuses on other economic goals and priorities. “Changing our societal priorities hardly needs to be a capitulation to grim necessity,” she said. “Human activity can be regenerative and our productive capacities can be transformed. In fact, we are seeing examples of that happening right now. Expanding those efforts now creates a world full of opportunity that is also sustainable.” She noted how the rapid development and deployment of vaccines at unprecedented rates in response to the COVID-19 pandemic demonstrates that we are capable of responding rapidly and constructively to global challenges if we choose to act. We need exactly such a determined approach to the environmental crisis. “The necessary changes will not be easy and pose transition challenges but a sustainable and inclusive future is still possible,” said Herrington. The best available data suggests that what we decide over the next 10 years will determine the long-term fate of human civilization. Although the odds are on a knife-edge, Herrington pointed to a “rapid rise” in environmental, social and good governance priorities as a basis for optimism, signalling the change in thinking taking place in both governments and businesses. She told me that perhaps the most important implication of her research is that it’s not too late to create a truly sustainable civilization that works for all.
It doesn't take MIT Rocket Scientists for you to look around and see every non-renewable and land around you being paved over and gobbled up by 8 billion useless people. Climate is a byproduct thus joke, resources and toxin are the real deal, and stupid religions and cultures that still insist on fuckpopulating the planet are no help, same with stupid Govts hellbent on "growth at all costs over the enemy" propaganda going now for hundreds years. Look into Earth Overshoot Day, you've long since blown past net zero steady state, /r/collapse is real, Earth will be rejecting you soon, and it will be painful. Wars will be fought, starvation will happen, many billions shall die, worldly goods and vast concrete playas will be reclaimed by Nature. Call it... The Real Great Reset ;)
https://www.cbc.ca/news/science/amazon-species-at-risk-of-extinction-1.61029... More than 10,000 species of plants and animals are at high risk of extinction due to the destruction of the Amazon rainforest -- 35 percent of which has already been deforested or degraded, according to the draft of a landmark scientific report published on Wednesday. Produced by the Science Panel for the Amazon (SPA), the report brings together research on the world's largest rainforest from 200 scientists from across the globe. It is the most detailed assessment of the state of the forest to date and both makes clear the vital role the Amazon plays in global climate and the profound risks it is facing. Cutting deforestation and forest degradation to zero in less than a decade "is critical," the report said. It also called for massive restoration of already destroyed areas. Furthermore, the report said the continued destruction caused by human interference in the Amazon puts more than 8,000 endemic plants and 2,300 animals at high risk of extinction. According to the report, of the Amazon basin's original size, 18 per cent has already been deforested -- mostly for agriculture and illegal timber. Another 17 per cent has been degraded. A separate study published in the journal Nature on Wednesday showed that some parts of the Amazon are emitting more carbon than they absorb, based on measurements of carbon dioxide and carbon monoxide taken from above the rainforest between 2010 and 2018. Lead author Luciana Gatti, a scientist at Brazil's Inpe space research agency, suggests the increased carbon emissions in southeastern Amazonia -- where deforestation is fierce -- is not only the result of fires and direct destruction, but also due to rising tree mortality as severe drought and higher temperatures become more common.
https://sustainable.unimelb.edu.au/__data/assets/pdf_file/0005/2763500/MSSI-... https://advisory.kpmg.us/content/dam/advisory/en/pdfs/2021/yale-publication.... https://www.clubofrome.org/?p=326 https://www.clubofrome.org/?p=7169 https://www.esf.edu/efb/hall/2009-05Hall0327.pdf https://www.csiro.au/Portals/Multimedia/CSIROpod/Growth-Limits.aspx https://www.actuaries.org.uk/research-and-resources/documents/research-repor... https://www.theactuary.com/features/2013/02/environment-sharing-a-finite-wor...
re: Collapse , Peak Everything https://en.wikipedia.org/wiki/The_Limits_to_Growth
I was thinking today of how exploitation is profitable. When you have an exponential source of income, it seems to your benefit to design the income to be as early and large as possible. Then you have more capital to build future endeavors with. Assuming you keep doing businesses, it makes for a heftier integration of profit over time. I imagine e.g. oil corporations planning to pull as much oil out of the planet as they can, as fast as they can; then using the time it actually takes to do that, to figure out and land groundwork for how to capitalize off of everybody's urges once resources are depleted. Dunno if that's how how it actually plays out.
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coderman
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grarpamp
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Punk-BatSoup-Stasi 2.0
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Undiscussed Horrific Abuse, One Victim of Many