The bounds of human flourishing
“The mantra of economic growth has become so deafening that it takes precedence over everything, including older and more natural forms of growth. Unending economic growth is unnatural in several ways. First of all, nothing in nature grows for ever; growth towards maturity is followed by decay. Uncontrolled, unlimited growth, in physiological terms, suggests the pathology of the cancerous tumour.
As a bunch of unfashionable economists has been pointing out for decades, there is a mismatch between the idea of unending growth and finite resources on a finite planet.”
Harry Eyres for the Financial Times, who concludes by wondering if it’s time for us to “return to an older idea of growth, according to which we submit to the natural ebbs and flows which are the bounds of human flourishing.”