Virtue, fashion and climate change
The current system will consume what we have in resources and erode what we have in skill until there is a catastrophe close to home enough for power to know that it must react, or lose power. Distant catastrophes have no effect. Moreover the market, contrary to the doctrine, sends no signals. The primary engine is oil and oil prices are protected. The other significant marker is food price and European and American economies have protectionist (cheap) food policies. So supply and demand are most deeply hidden where they are most important. Important scarcities are concealed, while frivolous drivers of spending are made extra-ordinarily visible!