re: Mr. Soddy’s Ecological Economy NY Times Op-Ed, Sun 4/12, mentioned by Tom in a LinkedIn “Global Foresight” conversation.
Tom,
Thanks for mentioning the Times Op-Ed, It’s just great some mention of Soddy and the “physical world problem” finally appeared in the Times. As I find so often, I agree with his analysis of the problem, about 110%, but that I find is as far as it goes!
You might be interested to know that J.M. Keynes and Kenneth Boulding also came to very similar end conclusions. Each used their own language for it, but each at least would agree firmly that 1) economies are physical systems, and 2) at natural limits something would need to be done about excess savings of financial capital.