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Our economy is based on a model of constant growth - growth in production, consumption and population. Economic growth has provided rising standards of living in the West and seen millions in China and India lifted out of poverty. This model has been disrupted in many countries by the global financial crisis, which is now seeing another round of casualties, particularly in Europe. Will things settle down with growth resuming, or will our economies bump up against a wall of finite resources? And if they do, what will this mean the global balance of power? Speaker - Richard Heinberg For more videos from Ideas at the House, check out our channel: http://www.youtube.com/ideasatthehouse Susbcribe to get new videos in your feed: http://www.youtube.com/subscribe_widget?p=ideasatthehouse Get a new talk every week on our podcast: Audio - https://itunes.apple.com/au/podcast/sydney-opera-house-ideas-at/id640445035 Video - https://itunes.apple.com/au/podcast/sydney-opera-house-ideas-at/id640444896 For more from Ideas at the House, visit: Ideas Hub - http://sydneyoperahouse.com/ideas Facebook - https://www.facebook.com/IdeasAtTheHouse Twitter - https://twitter.com/ideasatthehouse