How Clinging to Economic Growth Stifles Our Imagination

Tony Hall/CC BY-ND 2.0

From asking what a no growth economy would actually look like to exploring whether capitalism can exist without growth, the viability of the growth-at-all-costs model of economics is a perpetual topic here on TreeHugger.

Now Andrew Simms of the New Economics Foundation has a fabulous opinion piece over at The Guardian, looking at the legacy of the Club of Rome's Limits to Growth report, and arguing that constraints to business-as-usual are as relevant as they ever were. While some folks argue that growth can be created independent of resource use and environmental impact, says Simms, the burden of proof rests on these fiscal optimists:

Clinging to growth, however, suffocates the imagination needed to devise more convivial ways to share a finite planet. At the very least, and with so much evidence to the contrary, the burden of proof now lies heavily on those who reject the original message of the Limits report, for them to demonstrate how, and under what circumstances, we could possibly enjoy "growth forever" in a finite world. Kenneth Boulding, the founder of general systems theory, thought this to be a view held only by "madmen and economists".

Head on over to read the full piece.

Tags: Activism | Economics | United Kingdom