ABSTRACT

The challenge of reconciling societal aspirations and environmental limits is

captured by the term “sustainability.” There are good reasons to believe that

society is on an unsustainable path for the longer term. And, while no one knows

exactly what a sustainable path might look like, we think we know good ways

to start down that path-reducing fossil fuel dependencies, for example. We

are told nearly every day that global climate change is the most urgent con-

sequence of our current unsustainable path, and a complex web of causes and

effects can already be seen in recent spikes in oil and food prices all around

the planet. These ripples in the global economy illustrate how everything

really is connected to everything else, how the long-term consequences of

actions taken in the present are very difficult to predict, how the social, environ-

mental, and economic costs and benefits of even well-intentioned actions may

be unevenly distributed, and how the momentum of a society committed to con-

tinual economic growth via competitive markets can be extraordinarily difficult

to redirect.