 The Myth of ProgressTom Wessels in University of Chicago Press Economics Books from University of Chicago Press Abstract: A powerful argument that our current path toward progress, based on continual economic expansion and inefficient use of resources, runs contrary to three foundational scientific laws. In this compelling, cogently argued, and acclaimed book, Tom Wessels demonstrates how our current path toward progress, based on continual economic expansion and inefficient use of resources, runs contrary to three foundational scientific laws that govern all complex natural systems. It is a myth, he contends, that progress depends on a growing economy. Wessels explains his theory with his three laws of sustainability: the law of limits to growth; the second law of thermodynamics, which exposes the dangers of increased energy consumption; and the law of self-organization, which results in the marvelous diversity of such highly evolved systems as the human body and complex ecosystems. Wessels argues that these laws, scientifically proven to sustain life in its myriad forms, have been cast aside since the eighteenth century, first by Western economists, political pragmatists, and governments attracted by the idea of unlimited growth, and more recently by a global economy dominated by large corporations, in which consolidation and oversimplification have created large-scale inefficiencies in both material and energy usage. Wessels makes scientific theory readily accessible by offering examples of how the laws of sustainability function in the complex systems we can observe in the natural world around us. Demonstrating that all environmental problems have their source in a disregard for the laws of sustainability, he concludes with an impassioned argument for cultural change. This new edition has a new preface wherein the author regards The Myth of Progress as his most important work. It has been in constant demand since it was first published in 2006. Date: 2023 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ucp:bkecon:9781684581528 Ordering information: This item can be ordered from Access Statistics for this book More books in University of Chicago Press Economics Books from University of Chicago Press |
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