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The Crunch

In: The Frugal Innovator

Author

Listed:
  • Charles Leadbeater

Abstract

In the 20th century industrial capitalism pulled off an amazing trick. It used more resources than had ever been used in human history — coal, iron ore, oil, water — to create more products for more people and yet at the century’s end prices of basic resources were 50 per cent lower than they had been in 1900.

Suggested Citation

  • Charles Leadbeater, 2014. "The Crunch," Palgrave Macmillan Books, in: The Frugal Innovator, chapter 0, pages 34-45, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-33537-1_4
    DOI: 10.1057/9781137335371_4
    as

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