Okay, the title is a bit of an overstatement. But when it comes to the economy, we don’t need a crystal ball to understand what is coming next. Rarely in history has there been a time when the greatest opportunity available has also been so obvious.
People, groups and societies all wish to maintain and improve their standards of living. Yet the ecological underpinnings of the economy that would allow that to happen are at risk from legacy economic activities that we no longer need in order to maintain that standard of living. Seems like a paradox, but it's true.
Our practice of burning fossil fuels, which has turned out to be shockingly destructive, can now, reasonably, be replaced by other technologies in many areas, primarily led by renewables-to-electric ways of powering nearly everything we need. Similarly, our reckless and destructive depletion and methods of depletion of many natural resources can now be slowed dramatically, while not threatening our standard of living, primarily due to use of waste-to-value economics and methods.
Renewable energies and sustainable practices can now credibly be said to have the power to increase our standards of living since they provide far greater benefits for far less cost than their economic predecessors. Moreover, since fossil fuels are demonstrably destructive - to the point that their use threatens our society and its ecological underpinnings - arguments that continuing to expand their use somehow minimizes economic risks are nonsense on their face. On the contrary, it’s now clear that failing to reduce use of fossil fuels is among the riskiest things we can do.
Ideas that lighten our footprint on global ecologies while simultaneously accelerating the world’s economy are emerging, they’re working, and they have every chance of radically altering our up-till-now recklessly destructive path.