The Alchemy: ESS, Eco-Economy, Plan B |
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The problematic: |
What makes this question so ironic is that the growth in the physical scale of the economy under the prevailing regime of economic globalization has depleted resources, destroyed ecosystems, overwhelmed natural waste disposal sinks, waged war on subsistence cultures, and produced shocking maldistribution of wealth and income. How, then, can the economy be turned around to reinforce sustainable development rather than to destroy ecosystems, resource endowments, and indigenous cultures? |
This alchemy must be resolved to promote sustainability |
Alchemy = "a process by which paradoxical results are
achieved or incompatible elements combined." |
ESS pivots with USA |
The USA, the single most powerful economy in history, must be given foremost consideration. With only 4.5% of the world's people, the USA consumes about 25% of global resources and produces the same proportion of greenhouse gases. The USA dominates the Bretton Woods institutions -- the International Monetary Fund, the World Bank, and the World Trade Organization -- which shape the global economy through what is known as The Washington Consensus. |
ESS challenges economic globalization but is not against globalization per se |
The global economy, a robust engine of change, must generate sustainable development rather than amplify entropy. The USA dominates the Bretton Woods institutions--the International Monetary Fund, the World Bank, and the World Trade Organization--which shape the global economy. Recall the film, Banking on Disaster. |
What do sustainers need to know about economics |
The purpose of this essay is to provide sustainers an overview of how economics might appropriately relate to sustainability. But don't be intimidated. |
So, how do we get to ESS? |
Will explain. Stay tuned |
Note these definitions of entropy:
1. Physics a thermodynamic quantity representing the unavailability of a systems thermal energy for conversion into mechanical work, often interpreted as the degree of disorder or randomness in the system.
Concise Oxford Definition
2. thermodynamics) a thermodynamic quantity representing the amount of energy in a system that is no longer available for doing mechanical work
"entropy increases as matter and energy in the universe degrade to an ultimate state of inert uniformity"
WordWeb ^