Russell England, "Gross Deceptive Product: An Ecological Perspective on the Economy"
English | 2018 | ISBN: 1640037896 | EPUB | pages: 174 | 0.3 mb
Continuous economic growth is not sustainable because such growth depends on depletion of finite natural resources, ever-increasing debt, continuous population growth, and land use conversion-none of which is sustainable long term. Measuring economic health in gross terms (gross domestic product) is deceptive because it says nothing about the net benefits or costs of economic activity or the impact of economic growth on ecosystems. Yet growth is worshiped like a religion and politicians go to great lengths to lure industry (and people) from other states or countries without any attempt to determine optimum population density. Debt is unethically passed on to future generations.