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Growth is not always good from "summary" of Deep Economy by Bill McKibben

The assumption that growth is always good underpins our entire economic system. We are constantly bombarded with messages that equate growth with progress, prosperity, and well-being. But what if this assumption is flawed? What if, in some cases, growth actually undermines these very things?When we take a closer look at the effects of relentless growth, we begin to see that it often leads to a host of negative consequences. Environmental degradation, social inequality, and loss of community are just a few examples of the costs of unchecked growth. As our economies expand, they consume more resources, generate more waste, and exacerbate the gap between the haves and have-nots. Moreover, the pursuit of endless growth is unsustainable on a finite planet. Our current economic model is based on the premise of perpetual expansion, but this is simply not possible in the long run. As we deplete our natural resources and degrade our ecosystems, we are setting ourselves up for a future of scarcity and conflict. In light of these realities, it becomes clear that we need to rethink our definition of progress. Instead of blindly chasing after GDP growth at all costs, we should focus on building economies that prioritize human well-being, social equity, and environmental sustainability. By shifting our priorities in this way, we can create a more resilient and flourishing society for all.
  1. The idea that growth is always good is a simplistic and outdated notion. It is time for us to question this assumption and explore alternative models of economic development that prioritize quality over quantity, sustainability over short-term gains, and well-being over mere wealth accumulation. Only by challenging the status quo can we hope to build a more just, equitable, and sustainable future for ourselves and future generations.
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Deep Economy

Bill McKibben

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