Crossing the Dematerialization Frontier
Since at least 1970, it’s been widely believed that accelerating economic growth and population growth would exhaust the Earth’s physical resources. That implied a need for fewer people, each with a lower standard of living. But the latest evidence clearly shows that the underlying assumption tying growth to increased consumptions is demonstrably false. In fact, when technology and affluence reach a certain level known as the “dematerialization frontier” society begins to consume fewer resources in aggregate, even as the population grows and becomes more affluent. .....