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Unit 1: Visions of the Future

Instructor: Okila Elboeva

Outline

  • Self-extinction premise.

  • Climate change.

  • The policy context.

  • How will societies respond?

  • The Role of economics.

  • Visions of the future.

The Self-Extinction Premise

  • Influenced by Thomas Malthus:

    • The human population grows more rapidly than the food supply, leading to famines, wars, or diseases that eventually reduce population.

  • Definition: Self-extinction premise refers to a society sowing the seeds of its own destruction.

  • Key Concept:

    • Population growth may exceed the carrying capacity of land occupied by a society.

    • Carrying Capacity: The maximum number of individuals an ecosystem can sustain without environmental degradation.

    • Consequence: A society eventually fails to produce enough food and risks extinction.

  • Question to Consider: According to Malthusian theory, population grows:

    • a. Geometrically

    • b. Slower than food production

    • c. At the same rate as food production

    • d. Negatively

Climate Change

Overview

  • Greenhouse Gases: Essential for trapping energy, maintaining life but excessive amounts pose risks.

  • Vulnerability: Humans and ecosystems are increasingly susceptible to adverse effects, with examples including recent heatwaves and the spread of diseases like Lyme disease.

Climate Change: Land Scarcity

  • Arable land per person is decreasing due to:

    • Population growth.

    • Land degradation.

  • Relevant Example: Podcast “Africa, Land and Economic Development” highlights that Africa, despite appearing to have ample land, faces significant constraints if assessed by quality and availability.

  • Key Issues:

    • Difficulty in expanding arable land through inheritance.

    • Increase in conflict and instability over land resources (Holden et al 2010).

Climate Change: Water Scarcity

  • Water Distribution:

    • 70% of the Earth is water, but only 3% is freshwater.

    • Majority of freshwater is sequestered in glaciers.

  • Current Accessibility Issues:

    • 1.1 million people lack water access.

    • 2.4 million lack adequate sanitation—by 2025, two-thirds of global population may face water shortages.

  • Challenges:

    • Water systems are under stress.

    • Disappearance of wetlands and excessive water use in agriculture creates waste.

The Policy Context

  • Effects:

    • Climate change impacts transcend geographic and generational lines.

    • Policies need to account for obligations to future generations.

  • Coordination Needed:

    • Global efforts required to reduce emissions, but cost and benefits are inequitably shared between nations and organizations.

How Will Societies Respond?

Feedback Loops

  • Positive Feedback Loops:

    • Secondary effects reinforce the main trend. Example: investment leading to environmental degradation.

  • Negative Feedback Loops:

    • Secondary effects counteract the primary trend (e.g., macroeconomic stabilizers).

Economics and Human Behavior

  • Economics investigates:

    • Human responses to incentives.

    • Business reactions to changing conditions.

    • Effective allocation of scarce resources.

  • Economic Models:

    • Simplifications of reality that can still provide useful policy insights.

Historical Context: Malthus vs. Boserup

Thomas Malthus (1798)

  • Authored An Essay on the Principle of Population.

  • Beliefs:

    • The population's power surpasses Earth's ability to produce food, leading to inevitable premature deaths.

Ester Boserup (1965)

  • Authored The Conditions of Agricultural Growth.

  • Key Insight:

    • “Necessity is the mother of invention;” suggests that agricultural advancements follow population trends.

Innovation: The Green Revolution

  • Period: 1930s-1960s marked by:

    • High-yield varieties and hybrid seeds.

    • Extensive use of synthetic fertilizers and pesticides.

    • Improved irrigation and modern management.

  • Norman Borlaug:

    • Known as the “Father of the Green Revolution” and Nobel Peace Prize winner, credited with saving billions from famine.

Global Food Insecurity

  • According to FAO (2018):

    • 822 million people undernourished, 10.8% of the population.

    • Higher percentages are noted in Africa (19.9%) and Asia (11.3%).

  • Food Waste:

    • Approximately 1/3 of food produced globally is wasted, amounting to 1.3 billion tons annually.

  • In developing countries, food waste arises from poor supply chains and storage.

  • In developed countries, consumer habits lead to significant waste.

Comparative Perspectives

  • Participants should reflect on which viewpoint they find more compelling: Malthus (pessimistic) or Boserup (optimistic).