Jump to ContentJump to Main Navigation
The Age of Low TechTowards a Technologically Sustainable Civilization$
Users without a subscription are not able to see the full content.

Philippe Bihouix

Print publication date: 2020

Print ISBN-13: 9781529213263

Published to Policy Press Scholarship Online: May 2021

DOI: 10.1332/policypress/9781529213263.001.0001

Show Summary Details
Page of

PRINTED FROM POLICY PRESS SCHOLARSHIP ONLINE (www.policypress.universitypressscholarship.com). (c) Copyright Policy Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PPSO for personal use.date: 17 May 2022

Is ‘Transition’ Possible?

Is ‘Transition’ Possible?

(p.135) Part IV Is ‘Transition’ Possible?
The Age of Low Tech

Philippe Bihouix

, Chris McMahon
Policy Press

This chapter addresses the question of whether effecting a transition from a society in peril to a world of low-technology is prudent in its use of resources. It discusses the questioning approach that has made a number of analyses of societal 'crises' in order to shed light on different aspects of a complex grasp to reality. It also recounts the implementation of a monetary policy when the rates of profit declining in the late 1960s deliberately generated unemployment in order to maintain downward pressure on wages and encourage increased household debt to maintain sufficient demand and production. The chapter discusses the decline in purchasing power owed to debt or unemployment, which inevitably slows demand. It describes the efforts of engineers and advertisers to encourage the technical or cultural obsolescence of products.

Keywords:   transition, low-technology, monetary policy, household debt, purchasing power

Policy Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.