Free Republic

LONDON (Reuters) - Tackling inequality is key to securing the public support needed to overhaul the global economy and reverse climate change, an update to the landmark 50-year-old computer simulation of environmental stress has found. Based on modelling by MIT scientists of a world destabilised by growing consumption, the 1972 "Limits To Growth" simulation has been attacked as flawed by some but applauded by others as prescient of accelerating planetary stress. Building off its predecessor, the Earth4All model developed by a cross-discipline team of researchers sought to explore what it would take to increase the wellbeing of humanity during the...

A 1972 MIT study predicted that rapid economic growth would lead to societal collapse in the mid 21st century. A new paper shows we're unfortunately right on schedule.A remarkable new study by a director at one of the largest accounting firms in the world has found that a famous, decades-old warning from MIT about the risk of industrial civilization collapsing appears to be accurate based on new empirical data. As the world looks forward to a rebound in economic growth following the devastation wrought by the pandemic, the research raises urgent questions about the risks of attempting to simply return...