Prince Charles: Economic system has ‘enormous shortcomings’

Categories: Big picture
Published on: March 21, 2015

The Guardian / Press Association / 21 March 2015

Charles in LouisvilleSpeaking at the Cathedral of the Assumption, Charles told the invited audience: “We are standing at a moment of substantial transition where we face the dual challenges of a world view and an economic system that seem to have enormous shortcomings, together with an environmental crisis – including that of climate change – which threatens to engulf us all.”

He added: “Our ability to adapt to the effects of climate change, and then perhaps even to reduce those effects, depends upon us adapting our pursuit of ‘unlimited’ economic growth to that of ‘sustainable’ economic growth.

“And that depends upon basing our approach on the fundamental resilience of our ecosystems. Ecosystem resilience leads to economic resilience.”

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