Leave a comment

Growth for Its Own Sake

The reason I think we won’t have a truly transformative conversation about the health of the economy in this election year, is that both presidential candidates, both big parties, share the same assumptions about relentless growth. Here’s E.F. Schumacher in his book Good Work:

The modern industrial system has a built-in tendency to grow; it cannot really work unless it is growing. The word “stability” has been struck from its dictionary and replaced by “stagnation.” Its continuous growth pursues no particular aim or objectives; it is growth for the sake of growing. No one even inquires after its final shape. There is none; there is no ‘saturation point.'”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: