Revisiting carrying capacity: Area-based indicators of sustainability

Conventional wisdom suggests that because of technology and trade, human carrying capacity is infinitely expandable and therefore virtually irrelevant to demography and development planning. By contrast, this article argues that ecological carrying capacity remains the fundamental basis for demographic accounting. A fundamental question for ecological economics is whether remaining stocks of natural capital are adequate to sustain the anticipated load of the human economy into the next century. Since mainstream (neoclassical) models are blind to ecological structure and function, they cannot even properly address this question. The present article therefore assesses the capital stocks, physical flows, and corresponding ecosystems areas required to support the economy using ''ecological footprint'' analysis. This approach shows that most so-called ''advanced'' countries are running massive unaccounted ecological deficits with the rest of the planet. Since not all countries can be net importers of carrying capacity, the material standards of the wealthy cannot be extended sustainably to even the present world population using prevailing technology. in this light, sustainability may well depend on such measures as greater emphasis on equity in international relationships, significant adjustments to prevailing terms of trade, increasing regional self-reliance, and policies to stimulate a massive increase in the material and energy efficiency of economic activity.