“people who live in real poverty, whether in the deprived cities or rural areas of the developed West or in the developing world, talk about prosperity. They want economic growth because it is a natural thing to want. They want more stuff… Try telling people in Albania you want to offer them degrowth. You won’t get a friendly answer.”
Fair point, those living in poverty need growth, but does that make more growth for the rich a good thing? Ainsworth acknowledges that if everyone on the planet lived like Americans, we’d need five planets – but then assumes that the US economy should still grow.
That’s the Indy’s third article in a week mentioning post growth economics. Here are the others:
- Independent: Can the world live without economic growth? Time to find out
- Independent: Obsession with growth is asset stripping the planet
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