<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; ">Scedulded for August 3rd <a href="http://blog.p2pfoundation.net/the-insuffficiency-of-efficiency/2011/08/03">http://blog.p2pfoundation.net/the-insuffficiency-of-efficiency/2011/08/03</a><div><br></div><div><br><div><div>On 22 Jul 2011, at 09:46, Michel Bauwens wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite">hi chris,<br><br>could you scribd this for a blogpost in early august, with same title as above, i.e. "the insuffficiency of efficiency"<br><br>see <a href="http://steadystate.org/wp-content/uploads/CASSE_Brief_Efficient_Allocation.pdf">http://steadystate.org/wp-content/uploads/CASSE_Brief_Efficient_Allocation.pdf</a><br>
<br>Michel<br><br>CASSE:<br><br>"Long before the economy threatens the resilience<br>of ecosystems, economic growth can become<br>undesirable. Much growth (i.e., increasing GDP)<br>consists of �defensive expenditures,� products<br>
and services that counteract the negative consequences<br>of other economic activities. An example<br>of a defensive expenditure is the treatment of<br>cancer caused by industrial pollution.<br>Even assuming a product causes no direct harm<br>
to its user, its production inevitably contributes<br>to the depletion of natural resources. The tradeoff<br>between products and natural resources may<br>be worthwhile when the economy is small, but<br>as it grows, the additional products become increasingly<br>
costly. Through much of human history<br>people have been made better off by having<br>and consuming more things. In high-consuming<br>countries today, however, the costs of increased<br>production often outweigh the benefits. Further<br>
growth has become uneconomic."<br>(<a href="http://steadystate.org/wp-content/uploads/CASSE_Brief_Sustainable_Scale.pdf">http://steadystate.org/wp-content/uploads/CASSE_Brief_Sustainable_Scale.pdf</a>)<br><br><br><br>
<br>[[Category:Ecology]]<br><br>[[Category:Economics]]<br clear="all"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net/" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a> <br>
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</blockquote></div><br><div>
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