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The limits to growth

mai 2025

J’ai l’habitude de voir les écologistes et les futurologues parler des limites de la croissance (« The Limits to Growth »). Je suis moins habitué à voir des spécialistes de l’investissement mentionner des recherches liées aux limites de la croissance. C’est pourtant ce qu’a fait récemment Joachim Klement dans sa lettre d’information quotidienne. Bien entendu, quiconque écrit sur les limites de la croissance doit d’abord procéder à toutes les vérifications d’usage. En effet, la combinaison des mots « limites » et « croissance » dans le titre a suscité un grand nombre de réactions critiques, allant de la déformation pure et simple de l’ouvrage à l’incompréhension du modèle de dynamique des systèmes qui le sous-tend.
I’m used to environmentalists and futurists writing about The Limits to Growth. I’m less used to seeing investment writers mention research that’s linked to The Limits of Growth. But that’s what Joachim Klement did in his daily newsletter recently.
I’m used to environmentalists and futurists writing about The Limits to Growth. I’m less used to seeing investment writers mention research that’s linked to The Limits of Growth. But that’s what Joachim Klement did in his daily newsletter recently. Of course, anyone who writes about Limits of Growth has to do all the usual disclaimers first. This is because the combination of the words “limits” and “growth” in the title produced a lot of critical responses, on a range from straight-up hatchet jobs which misrepresented the book, to people who didn’t appear to understand the systems dynamics model that sat behind it.

avril 2025

Before you read this, a word of caution. You may want to prepare yourself a stiff drink and sit down before you read the following. I think most people who read this will at some point in their life heard about the Club of Rome’s Limit to Growth publication from the 1970s. Back then, the Club of Rome asked the MIT to produce a series of forecasts for the world’s industrial and services output, food production, and pollution levels to the year 2100. Almost from the get-go, these forecasts were derided as scaremongering and flat out wrong. But were they really?


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