Green or sustainable growth is an oxymoron
"Anyone who believes that exponential economic growth can go on forever on a finite planet must be either a madman or an economist." Kenneth Boulding
Praise for Capitalism is Past Its Sell-By Date
5.0 out of 5 stars @CallahansBooks Review
Reviewed in the United States on March 10, 2022
I really admire the author’s ambition in academically exploring a topic that’s bound to be bastardized by ideological noisemakers. A Texas-based CPA with C-suite experience and a masters in engineering, Webster is the furthest thing from a polemicist.
Not sheepish in extolling the success of the free market and its benefits over more restrictive alternatives, Webster is equally eloquent analyzing the unintended consequences which occur after a century or more of conspicuous consumption.
As populations grow and capitalism’s engine works overtime, we are consuming raw materials faster than the earth’s ability to produce them. His good-faith diagnosis for course correction seems pretty sound: he’s the expert, not me.
But as Webster concedes, a trip back from the brink would require a collective sacrifice that’s all-but-impossible to expect from societies with Godzilla economies and free will. Unless there is a way for self-governing populations to cut back on many of the modern luxuries we’ve come to rely on, “Capitalism is Past Its Sell-By Date” will be a masterly-researched story about the high cost of success.
"This book is not a subtle endorsement of socialism. It’s a well-researched explanation of what Capitalism is and all its effects, written by a brilliant mind who understands crucial concepts such as complex systems thinking, nuisance, trade-offs, and human nature." JT
"Every young person currently in Business Schools or already on their corporate ladder MUST read this book to understand the world they are entering and what their role needs to become. RG, London, England
"This book is challenging, insightful, alarming, and IMPORTANT." EP
"This book is incredibly important." RS, India
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"Kit Webster revolutionizes his businessman’s perspective as he dives into the state of our world and dissects the dangers of pillaging and consuming resources. His diagnoses and prescriptions are explicit and daring. We need more business leaders like him if we are to create an economic system that serves us in the age of climate change and ecological overshoot."
Former Vice Chair, World Economic Forum Global Agenda, Climate Change
Author, Environmental Debt: The Hidden Costs of a Changing Global Economy
Hear Kit on the Lean to the Left podcast here
See Kit on the Two Nobodys podcast here