GTI Contributions
The author of Prosperity Without Growth discusses why we need to get past the obsession with economic growth—and the capitalist system that spawns it.
Conventional development wisdom generally assumes the long-term continuity of dominant institutions, along with the expansion of resource-intensive consumption and production patterns in industrialized countries and their gradual extension to developing countries. However, the growth orientation of conventional development strategies and the resource-intensive lifestyles produce risks and unacceptable deterioration of the biosphere, as well as social and economic instability. The limitations of the conventional development paradigm suggest the beginnings of an outline for a strategic agenda for sustainability.
