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Environment

The Earth Is a Ponzi Scheme on the Verge of Collapse

By Matthew Stein, Huffington Post. Posted April 28, 2009.


Our model of exponential growth in consumption of energy, natural resources and raw materials cannot last forever.
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2009-04-03-Footprintbyregion.gif

Figure 2. Ecological footprint by region.
(Illustration courtesy of Global Footprint Network)

Figure 2 depicts a scientifically calculated global footprint by region. What this show us is that if our current planetary population of nearly 7 billion people were to live like we do here in North America, we would need an Earth with 9 1/2 hectares worth of productive land per person to sustainably supply us with the necessary raw materials, and to absorb our wastes. Yet we now have only roughly 1.7 global hectares of usable land per person. This means that we would need roughly 5 1/2 earths to support our planet if everyone in the world averaged the consumption levels of North America!

2009-04-04-DemandvsBiocapacity.gif

Figure 2. Ecological footprint of humankind from 1961 to 2003.
(Illustration courtesy of Global Footprint Network)

Figure 3 shows us that back in the mid 1980's, when our world had just over half its current population, we first exceeded the capacity of our planet to continuously supply us with the food and raw materials that we consume, and to process our wastes. What this means, is that we have been consuming our planet's resources faster than they regenerate, and polluting its natural systems faster than they can recover. This "drawing down" of our resources, is essentially spending the money from investors (all of us) in this Ponzi scheme, and when the remaining "money" (the natural resources and ecosystems of our world) can't support the payments anymore, it will most certainly collapse!

Unfortunately, it's going to take more than minor changes in the way we do business to get off this giant Ponzi scheme. It will not be easy, but I do believe it is doable. For a good idea of what it is going to take to make the shift to sustainability and get off this Ponzi scheme, see my prior Huff Post blog, 12 Tips for the Sustainability Shift.

The question to ask ourselves, is do we wish to adopt the attitude of Mr. Madoff, saying essentially, "F__k it! The world will do what the world will do, so I might as well enjoy one hell of a ride while it lasts!" Or do we decide to transform the way we do business, halt and reverse population growth and over-consumption, and collectively work together to nurture and rebuild the natural systems and biodiversity of our planet that are absolutely critical for supporting and maintaining a viable world for generation upon generation?


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See more stories tagged with: sustainability, earth

Matthew Stein is the author of When Technology Fails: A Manual for Self-Reliance, Sustainability, and Surviving the Long Emergency, from Chelsea Green.

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