Tuesday, April 30, 2013

System Crises, New Normal

New Normal System Crises--

Peter Bjerregaard: System Crises Is the New Normal: " . . . The financial crisis wasn't an isolated event, but a manifestation of a new normal. A new normal characterized by extreme turbulence and an unprecedented connectivity between different global crises (economic crisis, climate crisis, food crisis, resource crisis, etc.). The global economy exceeds the planetary boundaries, resource prices are rising, unemployment rates are record high and social instability and inequality is growing in many countries. At the same time, the solutions to these crises need to be approached in a new manner. The 19th -and 20th-century model of thinking, where one problem is solved individually, is grossly outdated given the connectedness of the current challenges. It no longer makes sense to tackle unemployment by increasing the demand of goods, if the production of goods causes climate changes, pollution and higher resource prices. However, if the transition to a greener economy is to succeed, a new way of thinking is needed in order to address the connectedness of the different crises. System crises, in short, is the new normal. . . . (read more at link above)

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