Pages

Thursday, June 9, 2011

Is the global economy a Ponzi (pyramid) scheme?

Great article comparing the global economy to a pyramid scheme - whereby people become richer in a very unsustainable manner by depleting natural resources and destabilising the climate and ecosystems :
http://thinkprogress.org/romm/2009/03/08/203784/ponzi-scheme-madoff-friedman-natural-capital-renewable-resources/


See also :
http://thinkprogress.org/romm/2011/06/08/240372/tom-friedman-the-great-disruption/
a discussion / review of the book "The Great Disruption" by Paul Gilding



Will have to get round to reading it.

No comments:

Post a Comment