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Navigating on the TitanicEconomic Growth, Energy, and the Failure of Governance |
eBook Available
The challenges inherent in managing disaster risk in periods of rapid growth.
Navigating on the Titanic outlines the brief history of economic growth and the private and public institutions - markets, corporations, households, and governments - which underpin that growth. Bryne Purchase examines mega-risks related to our economy's use of fossil fuels and specifically looks at resource depletion, energy security, and climate change - all "mega-risks" because they are both global in scope and potentially existential in impact.
Focusing on North America, with a particular emphasis on the United States, Purchase's central argument is that the institutions which have produced spectacular economic growth are not capable of acting with prudence to deal with these mega-risks before they become a real danger. He identifies certain institutional design flaws that, while underwriting economic growth, leave society open to potentially catastrophic failure and reveals how these design flaws have been compounded by the stresses of the growing income inequality in society.
Focusing on North America, with a particular emphasis on the United States, Purchase's central argument is that the institutions which have produced spectacular economic growth are not capable of acting with prudence to deal with these mega-risks before they become a real danger. He identifies certain institutional design flaws that, while underwriting economic growth, leave society open to potentially catastrophic failure and reveals how these design flaws have been compounded by the stresses of the growing income inequality in society.
Details
Part of the Queen's Policy Studies Series (number 177 in series)
172 Pages, 6 x 9
Queen's Policy Studies Series - School of Policy Studies
ISBN 9781553393306
May 2013
Formats: Paperback, eBook
Bryne Purchase is adjunct professor at the School of Policy Studies at Queen's University.
CONTENTS
Preface...............................................................vii
Chapter 1: The Brief History of Economic Growth.......................1
Chapter 2: Energy Matters: Energy Price Shocks and the Global
Economic Transformation...............................................25
Chapter 3: Global Energy Mega-Risks: Resource Depletion,
Geopolitical Security, and Climate Change.............................43
Chapter 4: Why Private Organizations and Markets Fail.................67
Chapter 5: Can Our Governments Act Pre-emptively?.....................83
Chapter 6: Can Our Governments Forestall Climate Change?..............103
Chapter 7: Looking Forward......................115
Notes...........................................129
Bibliography....................................151
About the Author................................157
Preface...............................................................vii
Chapter 1: The Brief History of Economic Growth.......................1
Chapter 2: Energy Matters: Energy Price Shocks and the Global
Economic Transformation...............................................25
Chapter 3: Global Energy Mega-Risks: Resource Depletion,
Geopolitical Security, and Climate Change.............................43
Chapter 4: Why Private Organizations and Markets Fail.................67
Chapter 5: Can Our Governments Act Pre-emptively?.....................83
Chapter 6: Can Our Governments Forestall Climate Change?..............103
Chapter 7: Looking Forward......................115
Notes...........................................129
Bibliography....................................151
About the Author................................157
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