The financial crisis that has blighted the world’s richest countries since 2008 was a turning point in human history because it ushered in an era in which economies will tend to shrink rather than grow. Incomes will decline becausethe natural resources required for growth — particularly oil, the lifeblood of the world economy — can no longer be extracted in growingquantities. Indeed, as this book shows, the financial crash itself was due to an irresistible force — the rising global demand for cheap fossil fuels — meeting an immoveable object — a static supply.
Gillian Fallon has worked as a writer, journalist and editor for 15 years, most recently in academic publishing. She has a particular interest in food security and in the challenges involved in communicating the many complex messages derived from systems thinking to a non-specialist audience. She has been a member of Feasta’s Executive Committee since 2006 and lives in Ireland.
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