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THE WORLD ECONOMY – PROGRESS OR COLLAPSE? THE CLUB OF ROME REPORT HALF A CENTURY LATER
Abstract
The Christian worldview is based on the idea of covenant between God and man and, therefore, is inherently optimistic. On the other hand, those who prophesize global calamities, such as the collapse of our civilization, implicitly or explicitly, undermine that optimistic Christian worldview. The views propagated by T. Malthus and more recently by the Club of Rome exemplified that attitude. More than two centuries after the publication of Malthus’ work and half a century after the publication of The Limits to Growth, it is hard to doubt the view that our civilization is not in danger of collapsing. Certainly, we face economic challenges. However, many of those challenges are rooted in non-economic factors, and we know that there is enough natural resources and food for all of us. In fact, technological progress and a rapid increase in industrial production and the output of foodstuff dramatically reduced poverty and undernourishment in many countries. Poland attained a middle level of income. Further progress in closing the gap to the most affluent nations critically depends on the level of spending on research and development and tertiary education and the efficacy of the effort.
Keywords:
neo-Malthusian theory, the Club of Rome, God and man covenant, economic growth, non-economic causes of economic crisis, inflation, middle income trap, spending on R&D and tertiary education.Similar Articles
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