The Great Simplification with Nate Hagens cover image

William E. Rees: "The Fundamental Issue - Overshoot"

The Great Simplification with Nate Hagens

CHAPTER

What Are We Stuck With?

The momentum and metabolism of the financial overshoot, which is overlaid on top of ecological overshoot is going to snap back. There's going to be a 20 to 40% drop in the size of the economy in the not too distant future. I think ecological tax reform is an extremely important first step that we could as a society in theory take. We are still largely in ignorance about the nature of our dilemma," he says.

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