Mission impossible?
28th December 2008
Another voice against the economic policies of the US, and indeed much of the world.
As economist Herman Daly so heretically points out, the fatal flaw of free-market ideology is that sustainable growth is an oxymoron. Eventually growth runs up against sensitive ecosystems, and a finite Earth. Climate change is here to show us that economic activity can’t ignore limits and relationships forever – sometimes not even in the short term.