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C00002 00002 "The Limits to Growth" - Meadows and Meadows
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"The Limits to Growth" - Meadows and Meadows
This book has been quite influential as an expression of the
point of view that the world must act to limit its industrial growth
in the near future or catastrophe will result. This conclusion is
supported by computer simulations of a type invented by Forrester of
M.I.T. Depending on the detailed assumptions, the population grows
and then starts to die off from pollution, lack of food, or
exhaustion of energy or fuel resources.
Here are some comments:
1. I have little quarrel with the simulations per se. On
the whole, I think the conclusions follow from the assumptions, and
this could probably be shown mathematically without the use of
computers.
2. The assumption with which I have the most quarrel is that
production is proportional to the stock of capital goods which is
the sum of previous investments and that a fixed proportion of
output is reinvested. This model is appropriate to an economy where
the ability to satisfy people's wants is limited by the productive
capacity to produce the goods. It is not valid in a situation in
which either wants are saturated or production is limited by
supplies. At present, in all countries, productive capacity is the
limit, and people will be benefited by more production. However,
investment in any industry is limited by the demand for the products
of that industry, and there are plenty of examples to show it in
particular industries. The same holds for the industrial economy as
a whole.
To say "stop now, because we will eventually kill ourselves
by overproduction" is like telling a hungry man eating his soup that
he should stop now, because if he keeps eating in another ten hours
of continuous eating he will kill himself. When he isn't hungry any
more, he will stop, even if he is now claiming that he can eat a
horse.
Eventually, the rate of human processing of material will
have to reach a fixed ratio to the population, and the population on
the earth will have to stabilize.
Another way of making the same complaint is to say that the
Meadows' model makes no attempt to model demand.
2. My second quarrel is with the use of a single global
simulation. Of course, they recognize that it would be better to
simulate the separate countries and their interaction but plead that
their model correctly predicts global problems. However, many of
the problems they mention - lack of food, lack of raw materials,
lack of energy, and pollution - do and will affect particular
countries at particular times. At these times, these countries will
have to do something about the problems. This is the way the
problem really presents itself rather than as a unified global
problem.
3. I also quarrel with some of their specific assumptions
about resources, but they are rather vague, and I will express my
opinions about this matter in connnection with the works of some
other writers.