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Easter Island, Nauru and the Future-Eating Global Growth Economy

Expansive Economies and Limited Economies: Industrial capitalism is characterized by population growth, economic growth, expansion and intensification. [1] Although there was a short-lived case of industrial capitalism between about 1585 and 1622 in the Netherlands, [2] industrial capitalism as we know it today really originated in England, based on the apparently limitless fossil reserves of coal and the presence of many landless people who had to live by their labour. [3] These vast reservoirs of fuel gave rise to technologies that permitted mass production and facilitated the conquest and settlement of lands all over the globe. In the 20th century petroleum oil replaced coal as the fuel of industrial expansion, particularly where wheeled transport was concerned, although coal remained a mainstay for electricity production.

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