Mankind’s ‘Global Ponzi Scheme’

The Guardian reports (13-1-2021) on a recent paper by a group of distinguished scientists, freely available in the online academic journal Frontiers in Conservation Science, Underestimating the challenges of avoiding a ghastly future. It surveys a large body of published work and draws a sombre conclusion. Besides documenting the ongoing Sixth Extinction, it considers the world’s political response, and links the growing tide of ethnic nationalism and populism to the increasing strain on resources and economic structures. It describes the apparent paradox of the continued rise in global human living standards, in the midst of ecological decline, as a global Ponzi scheme which will inevitably end with an ecological crash.

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