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Digital Subscriptions > iScot Magazine > May/June 2019 > Innocent Fraud

Innocent Fraud

JUDGING by the attention given to sixteen year old Greta Thunberg and the Extinction Rebellion, people are finally waking up to the consequences of a world predicated on perpetual growth. Of course there is no such thing as sustainable growth, because growth does eventually push up against limits - and these are real, physical limits. This is not a new idea, in 1972 the MIT study “The Limits to Growth”, sponsored by the Club of Rome, laid out a devastating critique of the economic model now better known as neoliberalism, with its academic supporter, neoclassical economics.

Unfortunately for us as inhabitants of the planet, the Limits to Growth study was subjected to attack on all sides, particularly from prominent economists, and as a result the study was ignored by governments and population alike.

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An independent publication celebrating the innovation, successes and achievements of Scots while promoting the nation’s interests, culture and influence to a world-wide audience