By Jean-Hervé Lorenzi, Mickaël Berrebi
During the Nineties Francis Fukuyama introduced the top of historical past. The 2000s confirmed the way it is an phantasm to visualize a calm international with no conflict.
In this booklet the authors discover how six significant constraints are set to mend the trajectory of the worldwide economic climate. 3 of them are new: the getting older inhabitants, the failure of technical growth, and the shortage of reductions. the opposite 3 were at paintings for a while: the explosion of inequality, the mass move of actions from one finish of the area to the opposite, and the unlimited financialization of economic climate. They recommend that like seismic task which is dependent upon strain among tectonic plates, the political and social tensions may be exacerbated within the coming years by means of those significant forces. They suggest that experts can be incapable of stopping neither the date nor the depth of the arrival earthquakes, and ask the query: can we do something about those destiny shocks and the violence they're guaranteed to reason?
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Additional info for A Violent World: Modern Threats to Economic Stability
However, the present time is quite simply confronted with what some people would call a major technological breakdown. It appears to lie in the way in which total productivity gains have been developing over the last fifteen years. It is from this finding that the major debate was born that currently brings numerous economists into opposition with each other over the issue of the existence of technical progress. For us, that issue is critical. We believe that, in reality, the world is confronted with absolute uncertainty on the question of growth.
Thus, in the Middle Ages, between the eleventh and the fourteenth centuries, the population of Europe increased, and this was accompanied by prosperity. Niccolò Machiavelli said it all in his commentary, stating the three principles, so often repeated subsequently. These are that the human population is limited by the decreasing productivity of the land which constitutes a curb on growth; where there is sufficient for subsistence, humankind rapidly increases; a numerous population constitutes an element of power for the state.
8 billion human beings who live on less than two dollars a day have no access to decent sanitation. Remember, there is no aqueous stock exchange, there is no speculation on a litre of water in Singapore, in Wall Street or in the City of London. In a world in which everything has become a marketable commodity, the vital importance of water is forgotten, as it has no price and suffers from every type of neglect, including economic. Yet water is also associated with feeding and land use. It is the insurmountable constraint for any type of food production.