Seneca Cliff
Esset aliquod inbecillitates nostrae solacium rerumque nostrarum si tam tarde perirent cuncta quam fiunt: nunc incrementa lente exeunt, festinatur in damnum.Seneca: Epistulae Morales, Liber XIV, XCI
Sarebbe una consolazione per la nostra debolezza e per i nostri beni se tutto andasse in rovina con la stessa lentezza con cui si produce e, invece, l'incremento è graduale, la rovina precipitosa.
It would be some consolation for the feebleness of our selves and our works, if all things should perish as slowly as they come into being; but as it is, increases are of sluggish growth, but the way to ruin is rapid.
- R: the set of (non renewable) resources foraging the economy;
- E: the economy (or capital) transforming the resources and creating pollution;
- P: pollution.
Now, can we say in words what is that generates the Seneca cliff? Yes, we can. It goes like this: first, consider that the effect of pollution is to drain economic capital. Secondly, consider that the pollution stock grows by feeding on the economy stock - so it has to wait for the economy to have grown before it can grow itself. It is this delay that causes an increase in the rate of energy draining from the economy as the process goes on. Since the size of the economy stock determines the production rate, we see also that parameter going down rapidly after the peak. This is the essence of the Seneca effect.Ugo Bardi
- R: resources;
- E: economy;
- P: pollution;
- −dR: growth, the amount of extracted resources at a given time sustaining economic growth.
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