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Growth economics

Guest blogger Errol is a long time social change activist.It's incredible to think that so many educated and intelligent people, who run large nations' governments and industries, can seriously believe that, in a finite world, infinite growth is possible and base an economy on that notion. It is not an overstatement to say that growth economics has led us to the brink of environmental disaster, or, that if we do not develop a sustainable economy, based on human needs, we will soon be on the downhill side of that brink. Unlike the people who in the cartoon abandoned their world to a trash recycling robot, we haven't another world to which we can escape.

Growth economies made sense when almost everyone was poor and a few million people inhabited a frontier nation. In a world with six billion residents, they make absolutely no sense. Pollution, global warming, depleting resources, a third world clamoring for what the developed world now enjoys all make the economics which won the cold war impossible to sustain.  Read more....



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