Edited by Douthwaite, RichardEdited by Fallon, Gillian
Fleeing Vesuvius is a practical and fundamentally optimistic book. Its 27 authors, all leading thinkers in their fields, take a hard look at many of the problems facing humanity and offer far-reaching solutions. Most of its contributors believe that the financial crisis that has ...blighted the world's richest countries since 2008 was a turning point in human history because it ushered in an era in which economies will tend to shrink rather than grow. Incomes will decline because the natural resources required for growth - particularly oil, the lifeblood of the world economy - can no longer be extracted in growing quantities. Indeed, as this book shows, the financial crash itself was due to an irresistible force - the rising global demand for oil - meeting an immoveable object, a static supply. Consequently, further turmoil can be avoided only if a financial system that developed to suit growth is altered to cope with contraction. The book suggests ways in which this can be done. But, since psychological, institutional and cultural factors influence our behaviour too, Fleeing Vesuvius also considers the changes required in the way we think, how we use the land and how we relate to others if we are to reduce the risk of environmental and societal breakdown posed by the current crisis. The book's overall aim is to arm its readers with the knowledge they need to develop new ways of doing things instead of staggering from crisis to crisis trying to patch up systems that are only suited to economies that can grow and grow.Read more
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