The trick is to be able to create an optimistic scenario for humanity when armed with this information.Gumby wrote: I guess that answers our question if infinite growth is possible. It's definitely not possible!
I think that humanity's basic problem is that we evolved based upon making decisions that were optimized for short time periods (such as one human lifetime or less). As we have discovered great caches of non-renewable resources and seen our societies erupt in size and complexity as a result, this bias in our decision making toward shorter term results has created the conditions for some spectacularly bad outcomes.
It's certainly impossible to predict how this will unfold over the next 1,000 years or so, but past eras of civilization have followed a predictable course of ascendance and then decline, as natural resource constraints rendered certain ways of life obsolete. This was Joseph Tainter's basic argument in "The Collapse of Complex Societies", which was a book with a lot of filler, since the basic premise was so easy to describe and the argument for the validity of the premise so easy to make (in many ways Tainter's argument seems almost too obvious to require much documentation from past societies).
If you had walked up to one of the Egyptian pharoahs and told him that in a few thousand years the only thing that would remain of his way of life and his system of beliefs would be some monuments and markings on stones, he probably would have scoffed at you the same way people today are quick to scoff at people who suggest that this high-tech high-consumption world we have built is not sustainable.
I think that one of the basic concepts people don't fully appreciate is that we have built a world economy that requires perpetual growth. For example, if you think about the premises behind many forms of debt, it is that the future will always be larger than the present, which will allow people to fund future consumption AND pay off past debt out of future earnings. When this set of economic premises begin to be invalidated--even on a small scale--as they were in 2008, it helps one understand just how poorly our economic system functions when growth ceases.
I think that when faced with this degree of structural cognitive dissonance, it is entirely understandable that central bankers and politicians would throw everything they have at the problem, but everything they have is ultimately unlikely to buy more than a little extra time until certain underlying forces that do not appear in economic models begin to intrude on certain carefully cultivated human delusions.
The good news (sort of) is that I think a lot of this stuff will unfold long after most of us have "run out of runway" (to quote LoneWolf), though sooner or later these ideas WILL become impossible to ignore and the same process is likely to unfold as we have seen throughout history, and it will likely lay the groundwork for some future civilization that IS able to provide better answers to the problems of sustainability and survival than we have come up with in the last 200 year burst of explosive economic, industrial and population growth.
Not to pile on, but even assuming that we do solve all of the problems described above, we are also going to have another Ice Age at some point (if history is any guide to these things), and that is going to be a real challenge for whatever human populations may be around then, even if they have come up with an economic system that doesn't destroy the ecosystems necessary for human life.
The ultimate challenge for humanity is to find a fate for itself that differs materially from that of the dinosaurs and every dominant species that came before us. The ability to pull this off will be the ultimate test of whether our superior intelligence really confers any long term survival advantage.