Economists, please repeat after me: "Growth Is Unsustainable"
Thu 30 Apr 2009 8:25am
The Earth Is a Ponzi Scheme on the Verge of Collapse. By Matthew Stein, Huffington Post. April 28, 2009.
link"Our model of exponential growth in consumption of energy, natural resources and raw materials cannot last forever." It's always amazing to me to hear NPR radio interviews where both parties just assume that the solution to every economic problem is more Growth. A child could tell you that in the long run growth of anything has to stop — its food run low, its environment is spoiled, or it simply runs out of space.
Long run has become short run for our species on this planet.
Ecomomists, policymakers, and journalists please repeat after me: "Growth is not the answer, Growth is the problem."