01 February 2015

That Was Easy: In Just 60 Years, Neoliberal Capitalism Has Nearly Broken Planet Earth

Pair of new studies show how various forms of human activity, driven by a flawed economic system and vast consumption, is laying waste to Earth's natural systems

by Jon Queally, staff writer

Humanity's rapacious growth and accelerated energy needs over the last generation—particularly fed by an economic system that demands increasing levels of consumption and inputs of natural resources—are fast driving planetary systems towards their breaking point, according to a new pair of related studies.

Prepared by researchers at the Stockholm Resilience Centre, the first study looks specifically at how "four of nine planetary boundaries have now been crossed as a result of human activity." Published in the journal Science* on Thursday, the 18 researchers involved with compiling evidence for the report—titled 'Planetary Boundaries 2.0'—found that when it comes to climate change, species extinction and biodiversity loss, deforestation and other land-system changes, and altered biogeochemical cycles (such as changes to how key organic compounds like phosphorus and nitrogen are operating in the environment), the degradation that has already take place is driving the Earth System, as a whole, into a new state of imbalance.

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