16 May '11, 8am

The Economics of Perpetual Growth

The Economics of Perpetual Growth

Most likely a solution lies somewhere in the middle ground between these two arguments. Perpetual economic growth as currently measured cannot be maintained, and basing an entire global economy on this assumption creates massive risk when reaching the limits of our natural systems. But effective, lasting change only comes from within. In that sense, changing our society’s behaviors cannot be achieved through some overseeing organization. Nor can we assume that the status quo will hold in a changing environment. Economies are human creations, and as the expression goes, you get what you measure. So perhaps instead of asking if growth is sustainable, thereby valuing it, we should really be asking what the benefits of growth are and how best to achieve those directly, perpetually.

Full article: http://www.triplepundit.com/2011/05/perpetual-growth-econ...

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