The Resilient Investor by Hal Brill

Author:Hal Brill
Language: eng
Format: epub
Publisher: Berrett-Koehler Publishers
Published: 2015-06-07T16:00:00+00:00

GLOBAL SCENARIO 3

Muddle through up, “Incremental Progress”

Gradual improvement of key quality-of-life indicators within the status quo framework of political and economic systems

We deploy our capacities to their highest effectiveness, making needed improvements and reforms to our existing systems. This moves us steadily toward a prosperous, sustainable future. The late energy activist Randy Udall proclaimed that the motto for this scenario should be We have not yet begun to fight! If we faced our challenges head up, with some discipline and focus and political unity, we could still do great things.5

Paul Gilding, author of The Great Disruption, concurs, seeing a World War II–type mobilization (all hands on deck!) to tackle climate change, as it becomes apparent that the cost of inaction is higher than the cost of restructuring our energy and transportation systems. But all is not necessarily rosy; futurist Jamais Cascio calls this path “walking the tightrope,” noting that our eventual success at living within the planet’s limits may depend on more-coordinated government planning and that our tardy climate response may necessitate some applications of geo-engineering to forestall the severest damage to the earth’s ecosystems.6

By pulling together and using all the tools at our disposal, we eventually address our most pressing challenges and find ways to keep the historical arc of global prosperity moving upward. Governments find a way to rise above gridlock. Corporations continue to take incremental steps toward becoming responsible global citizens, giving consideration to social and environmental factors alongside the financial ones. Technological innovations expand access to clean energy and clean water in the developing world, while developed nations become much more efficient. Nations realize that security is more likely to come through fostering education, healthcare, and democracy while addressing global poverty head-on. The climate situation, population pressures, and other environmental concerns continue to worsen for a time, but gradually we work our way toward balance.

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