Limits and Beyond: 50 Years on from "The Limits to Growth" - What did we learn and what's next?
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Publication Date:
August 16, 2022
Fifty years ago, a small band of 100 economists, policymakers, former heads of state, diplomats, and business leaders came together with a shared concern and a central question: What impact would untethered economic growth, overpopulation, and industrialization have on the world’s limited resources – and by extension – the quality of human life? To answer this question, the newly assigned Club of Rome group embarked on a two-year study in partnership with the Massachusetts Institute for Technology (MIT). These were early days in computing; and yet, by feeding large data sets into first generation mainframes, the team was able to generate 12 possible future scenarios incorporating trends in population, food production, health and welfare services, industrial output, and global pollution. The findings were presented via the 1972 publication of the Limits to Growth. The report concluded that failure to make significant social, political, and economic adjustments, would result in economic and ecological collapse within the 21st century. “The most probable result,” the report stated, “will be a rather sudden and uncontrollable decline in both population and industrial capacity.” (LtG, p. 23). Download the full publication to continue reading. Click here to learn more about the Asia Corporate Leadership Council.Insights for What’s Ahead
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