The Industrial Age Ended Between 1970 and 2000 #economy #economics #environment

Mr Spock action figure

I bet he’s made of plastic. Thanks to JD Hancock

Humans will consume more and more until we destroy the planet – common wisdom that is all wrong. This fascinating article documents a turning point in the United States and United Kingdom. There is:

Substantial evidence not only that Americans were consuming fewer resources per capita but also that they were consuming less in total of some of the most important building blocks of an economy: things such as steel, copper, fertilizer, timber, and paper. Total annual U.S. consumption of all of these had been increasing rapidly prior to 1970. But since then, consumption had reached a peak and then declined.
Of 72 resources tracked by the USGS, from aluminum and antimony through vermiculite and zinc, only six are not yet post-peak. reason.com

Graph - USA use of metals and GDP, 1900-2015America has reduced its consumption in absolute terms, not just per capita, and not just in the aftermath of the Great Recession. “Dematerialization” doesn’t mean some kind of scifi technology. It’s our future.

Steel, copper, aluminum, timber, paper, fertilizer, water, cropland – America’s use of these and more has peaked and now trends downward. Growth in the use of plastics is tapering off – won’t it be great if plastics follow the same trend?

Just as we’re learning to produce renewable energy more economically, our total energy use is leveling off.

All this while GDP continues to grow.

A great reversal of our Industrial Age habits is taking place.
Eurostat data show that countries including Germany, France, and Italy have generally seen flat or declining total consumption of metals, chemicals, and fertilizer in recent years.
India and China are probably not yet dematerializing. But I predict that they will start getting more from less of at least some resources in the not-too-distant future.

Add  birth-rate declines in the wealthiest and most industrialized countries, and our stewardship of the Earth seems poised to change for the better.

Throughout my life, it seemed that humanity was on an irresistible path to destruction. Self-interest is built into our DNA, so sacrifices for the public good seemed impossible. Perhaps the answer isn’t to go backward, but to go forward. A brighter day is dawning.

This doesn’t mean we don’t need to protect the environment, our fellow species, and our fellow humans. There are ecosystems in danger that require action. Doing the right thing is still, well, the right thing to do. But if you ever felt despair sapping your determination, now you can take heart. The future may be more like Star Trek and less like the Walking Dead. Tomorrow is coming.

Read the whole article. It’s worth your time.

 

4 thoughts on “The Industrial Age Ended Between 1970 and 2000 #economy #economics #environment

  1. Isn’t this just a side effect of US manufacturing being outsourced? It seems we have more crap than ever, and the companies that once made stuff here are now paying people pennies compared to what they used to pay US workers. Last I heard we would need 5 earths to have all earthlings consume at the US rate of consumption. This is not a plug for consumption. I agree whole heartedly with what Einstein said ‘humans are infinitely stupid”. Not the exact quote.

    Liked by 1 person

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