Sustainability
Yes, it is true, most environmentalists and left leaning people have some overly idealistic ideas that actually discredit their cause, which is sad.
Truth is that we need a more sustainable global economy for moral and practical reasons.
We need to get more out of less, in order to be able to grow. Did everyone enjoy the past half decade of oil prices 4-500% higher than just over a decade ago, despite the anemic growth we have seen?
How about food prices that have increased by 150% since 2000? We cannot grow, if every time economic activity picks up a little, natural resources start skyrocketing in price, and Obama is really not to blame for that, despite the boloney that is being fed to the masses. The rise in commodity prices beggan way before 2009.
The market currently encourages us to move towards a more disposable economy, and that is no way to improve people's lives, given a basic economic fact, which is that resources are finite.
Sadly, we are too far from achieving such a future for the "global village"
Here is what we need:
http://zoltansustainableecon.blogspot.com/2012/05/rio-20-part-4-what-if.html
(I think such a mechanism would be highly beneficial to the battered western economy)
Here is why we are unable to achieve it:
http://zoltansustainableecon.blogspot.com/2012/06/rio-20-part-5-future-we-want-but-no.html
Biting the hand that feeds IT
