Editor’s note: This is the second of a four part series. Part I provided a long-term view of commodity prices, their affordability and the impact on human well-being. Here, Indur M. Goklany looks in more detail at global trends in human well-being in the Age of Industrialization, from 1750 – 2007. (Part III and Part IV are here.)
In the worldview of many environmentalists and Neo-Malthusians, as population and economic development increase so does the consumption of energy, land, water and other natural resources. Originally, Malthusians feared that we would run out of these resources, and natural resource–based products, particularly food, would be in short supply, resulting in famine and a general decrease in human well-being. But as shown in the previous post, instead of becoming scarcer, resources (such as metals and food) actually have become more affordable, and the hunger and famine that had been foretold went AWOL.…