Arnsperger on the economy & the environment

Continuing this post, Arnsperger's blog post on perma-circularity and personal change is an indictment of modernism and capitalism's limited view on the environment. An except:

"The logic of the private market economy doesn’t allow us to replace the economically rational pursuit of efficiency by the much more ecologically rational notion of sufficiency. (On this crucial topic, please urgently consult Thomas Princen’s definitive book from the MIT Press in 2005, entitled The Logic of Sufficiency.) Our lack of wisdom when it comes to protecting the planet’s vital cycles is systemic: we have built – and are perpetuating – a way of producing, selling, consuming and growing that makes us incapable of any kind of wisdom that would contradict the requirements of this system. That’s why we pay a lot of lip service to our purported concern for 'sustainability' but, in actual fact, shy away from doing anything except create new technologies that will generate 'efficiency gains' and then exploit the lucrative rebound effects that lead to yet more dysfunction in our biosphere’s great cycles."