The choice is ours-yours and mine. We can stay with business as usual and preside over a global bubble economy that keeps expanding until it bursts, leading to economic decline. Or we can adopt Plan B and be the generation that stabilizes population, eradicates poverty, and stabilizes climate. Historians will record the choice, but it is ours to make.

We are witnessing the beginning of one of the great tragedies of history. The United States, in a misguided effort to reduce its oil insecurity by converting grain into fuel for cars, is generating global food insecurity on a scale never seen before.

Socialism failed because it couldn't tell the economic truth. Capitalism may fail because it couldn't tell the ecological truth.

Another agricultural trend of growing concern is the increased nutrient content of coastal waters resulting from fertilizer runoff in agricultural regions. Augmented by urban sewage discharge in some situations, this results in huge algal blooms, which, as they die and decay, deplete the oxygen content in the water, leading to the death of the fish.

Each summer, for example, nitrogen and phosphate washing from farmlands in the Mississippi Valley enter the Gulf of Mexico, creating a massive algal bloom covering some 16,000 square kilometers. As the blooms die off, this area-roughly the size of New Jersey-is so deprived of oxygen that no fish survive.

In this era of tightening world food supplies, the ability to grow food is fast becoming a new form of geopolitical leverage, and countries are scrambling to secure their own parochial interests at the expense of the common good.

Among the environmental trends undermining our future are shrinking forests, expanding deserts, falling water tables, collapsing fisheries, disappearing species, and rising temperatures. The temperature increases bring crop-withering heat waves, more-destructive storms, more-intense droughts, more forest fires, and, of course, ice melting. We are crossing natural thresholds that we cannot see and violating deadlines that we do not recognize.