Wednesday, December 19, 2012

Spot on Tom!

Malthus debate surges on today

Since centuries, experts have predicted that human needs would outpace the earth’s growing resources. This is what Thomas Malthus published in his research named An Essay on the Principle of Population in 1798, popularly known as Malthusian catastrophe. In simple terms, Thomas predicted that the tendency of population to grow faster than the food supply will eventually keep most people at the edge of starvation. During the Industrial Revolution, the first escape from the Malthusian trap occurred when, in England, around 1790, the efficiency of production accelerated to outpace population growth; thus allowing average incomes to rise and purchase the increased production. In the rest of Europe and East Asia, populations had also long been trained to handle the Malthusian trap of their stable agrarian economies. Their workforce easily absorbed new production technologies.

But Julian Lincoln Simon’s criticized the Malthusian philosophy and argued that population is the solution to resource scarcities and environmental problems, as a decrease in per capita availability of resources makes [or forces] people and markets innovate.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri

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