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View Diary: Open thread for night owls: Are money and global warming welded in an unbreakable embrace? (93 comments)

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  •  Very thought-provoking excerpt on money (0+ / 0-)

    Interesting from first to last, but especially last:  

    But some time ago, our monetary system evolved beyond the backing of material substances. Money, now an electronic notation on a computer screen, is backed by none other than growth itself—by the creation of more money.
    A system where growth itself is the basis, is almost by definition unsustainable.  

    So, yes:  money and global warming ARE in an unbreakable embrace, or rather, are two facets of the same thing.  

    "The extinction of the human race will come from its inability to EMOTIONALLY comprehend the exponential function." -- Edward Teller

    by lgmcp on Mon Jul 02, 2012 at 09:22:58 AM PDT

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