Despite the widely held faith in the efficiency of free markets, the industrial capitalist model has arguably failed to deliver. Specifically, it fails to provide lasting economic security, food and shelter to large percentages of the world population. Furthermore, despite being blessed with the easy availability of massive amounts of fossil fuel, many countries are heavily in debt, threatening to burden each and every citizen for a long time to come.
The total land mass of the Earth is about 14,8 billion hectares. With a population of about 6,8 billion this means there are just over two hectares of land per person. Of this, only one hectare of land per person is habitable. We need to rethink what we invest in.
Whilst land is scarce and getting scarcer, so is oil. Figures from several sources indicate world oil production has reaches its maximum and is likely to fall per capita in the near future.
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