Jeffrey Sachs and the Economics of Shared Fate on an Overpopulated Planet

This article provides an in-depth analysis of Jeffrey Sachs's economic thought, focusing on the paradigm of the economics of common destiny. The author deconstructs three fundamental orders: ecological, demographic, and political, which determine humanity's survival on an overpopulated planet. The text provides a detailed discussion of the aporia of modernity, or the conflict between global interdependence and national sovereignty. The analysis considers key factors of destabilization, such as the poverty trap and the demographic bulge, and compares models of energy transition using the examples of Germany and Scandinavia. The work concludes with a reflection on the role of technology and risk-aware capital in the process of convergence and the protection of public goods. This is essential reading for those seeking to understand the mechanisms of sustainable development in the face of transcending planetary boundaries and the necessity of global transformation.