Laudato Si
The talk of the town these past few days has been Pope Francis' encyclical letter Laudato Si'. So let's start by asking what would happen if we massively followed one of its key recommendations. "Replace consumption with sacrifice." Let's leave aside the sacrifice part for a moment but, imagine if say, people heeded this message and world automobile production dropped by 50%. We would have in our hands the mother of all layoffs. The reduction in auto production would have a cascading effect all through the network of suppliers, dealers, independent mechanics, government revenue, what have you. Almost certainly the weaker automobile companies would go bankrupt. All luxury brands would be history (remember, replace consumption with sacrifice). This would in itself generate another wave of bankruptcies among suppliers, dealers, etc. Think also about the textile industry. If people replaced consumption... we would use our clot...