The resources of our planet are limited. There is only a limited amount of raw materials, fresh water, sea, air, soil, ecosystems and biodiversity. There is only a limited amount of energy available at each time.
We have created an economy that requires growth in order to function well. Obviously, a limted base of resources cannot sustain further growth forever. At some point, such an economy will inevitably run against the limits of the planet’s resource base. Beyond that point, it becomes destructive to the planet and finally to itself.
So in order to avoid a disaster, we must change the way our economy works. We have to make it sustainable and in order to do so, we must stop economic growth.
Changing the economy to a steady state economy without any net growth requires rethinking of many institutions we are used to. One of them is our system of…
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