Science and the Future: Introduction

Angelo Tartaglia

Papers from arXiv.org

Abstract: The contradiction between physical and economical sciences concerning the growth of the production/consumption mechanism is analyzed. It is then shown that if one wishes to keep the security level stable or to enhance it in a growing economy the cost of security grows faster than the gross wealth. The result is a typical evolution in which the net wealth increases up to a maximum, then abruptly collapses. Besides this, any system of relations based on a growing volume of exchanges is bound to go progressively out of control. The voluntary blindness of the ruling classes toward these facts is leading our societies to a disaster. This fate is not inescapable provided we learn to dismantle the myth of perpetual growth.

Date: 2013-11
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1312.0161

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