@”Economic Growth” – do we really need it..?
Paradoxically, the greatest economic stimuli come with the rebuilding opportunities presented by wars, earthquakes, and other natural disasters
“Growth” is hailed by politicians, economists and the media as a panacea for all the worlds problems – poverty, hunger, disease, conflict, injustice, inequality, and even the environment. We have been led to believe that without “economic stimulation” and “job creation” and the increases in “spending” and “consumption” which generate “growth” – we will not be content. And without the magical elixir of “growth” our quality of life will decline.
Paradoxically, the greatest economic stimuli come with the rebuilding opportunities presented by wars, earthquakes, and other natural disasters
“Growth” is hailed by politicians, economists and the media as a panacea for all the worlds problems – poverty, hunger, disease, conflict, injustice, inequality, and even the environment. We have been led to believe that without “economic stimulation” and “job creation” and the increases in “spending” and “consumption” which generate “growth” – we will not be content. And without the magical elixir of “growth” our quality of life will decline.
THE PREDICAMENT OF PROSPERITY
HIGH CONSUMPTION = PROSPERITY, which is desired, and FRIVOLITY, which is fun..!
LOW CONSUMPTION = POVERTY, which is feared, and FRUGALITY, which is despised..!
We wrongly assume that a decline in ECONOMIC GROWTH and CONSUMPTION would also mean a decline in living standards.
We wrongly assume that a decline in ECONOMIC GROWTH and CONSUMPTION would also mean a decline in living standards.
OA-Cities offer a practical solution to the seemingly intractable dilemma of…
REDUCING HUMAN CONSUMPTION
whilst INCREASING HUMAN CONTENTMENT
OACities will have less GDP per capita but a much better quality of life. How can such a paradox be possible?
OACities will have less GDP per capita but a much better quality of life. How can such a paradox be possible?
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