Irresponsible Overuse of Finite Global Resources

Our current world economy will be proud of Dracula. Since 1800, the world's population has increased sevenfold. This amazing growth is at the expense of absorbing more and more nonrenewable or fossil resources from the Earth. This exponential expansion is brought about by improving the way the limited resources are depleted from the Earth and it is unsustainable. For externality economics, the cost of using these limited, unsustainable resources is incorrect at market prices.

Infinite growth is closely related to the limited resources of the Earth. Disconnection between infinite growth required by current economic logic and the limited resources of the planet produced a huge bubble: excessive use of poor resources such as water and soil for generations I lost about a third of the world's agricultural land. Since banks lend substantial free money in large quantities, there is a permanently growing financial model (in fact, their reserve ratio is so low that they do not have much money, ), This money keeps track of investment and continues to earn economic interests (it is a bit like the Ponzi scheme ...). This will result in the use of more natural resources (of course, until we have exhausted all of the limited amount of limited natural resources - already done)

In a broader sense, the global overuse of natural resources can be regarded as a similar case. As the majority of the world's population is consuming most resources, there is not enough resources to satisfy sufficient levels of presence for most people who consume less. Of course, this discussion includes premises on limited global resources. However, there are no such restrictions on global resources, for example, in addition to the total amount of funds given - the resource pool can not be exhausted to the limit and there are no resources at all. On the contrary, other aspects such as the more commonly occurring natural disasters, the partial collapse of ecosystems, etc. may cause these effects. Examples of this include climate change (as a result of obviously excessive consumption), desertification, the existence of logging trees to use timber in rich countries.