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Escape from Overshoot
Economics for a Planet in Peril
Earth overshoot will end either by design or by disaster. Which future should we choose?
EARTH IS IN OVERSHOOT. The juggernaught of economic growth rolls on, consuming the biosphere, breaking planetary boundaries, and stretching inequality and injustice to the breaking point. But does it really need to be this way? And if not, what are the options?
In Escape from Overshoot, celebrated ecological economist Peter A. Victor takes us on a grand tour of the overshoot crisis. From the history of economic thought through energy and material blindness, we learn how we got here and why collapse is inevitable unless we change course. But as the clock ticks, what pathways are possible and plausible? Victor surveys the alternatives — from green growth and doughnut economics to well-being, steady-state, and post-growth economics — and their limits. He then dives into what the latest and most sophisticated economic modelling tells us about whether we can intentionally shrink our economy and avoid collapse, all while enhancing human thriving and justice for all. The results are both surprising and profound.
Ambitious, measured, and accessible, Escape from Overshoot is a vividly illustrated guide to the past, present, and future of the human economic project and our place on planet earth.
Peter A. Victor, PhD, is Professor Emeritus at York University. He earned his PhD in economics from UBC and has worked for 50 years in Canada and abroad as an academic, consultant, and public servant specializing in ecological economics and alternatives to economic growth. He is the author of Managing without Growth. He lives in Toronto, Ontario.
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