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No, the world doesn't really need to strive for economic growth. IPhones sales not growing year over year is not a disaster for anyone, really. Same for Amazon
by bgarbiak 7y ago
No, the world doesn't really need to strive for economic growth. IPhones sales not growing year over year is not a disaster for anyone, really. Same for Amazon market share, and so on. And yet: it is, because the system works this way. Growth is god. It's instilled into DNA of every entity working in the capitalism.
We could stop the growing obsession, redistribute the accumulated wealth to the developing nations (perhaps iPhone sales would grow then?), and live happily ever after. Obviously, it's an utopia that's not going to happen.
And yet, it's the only viable way to achieve the emission targets needed for humans to survive on this planet. It's commonly accepted that the best advice you can give someone who wants to reduce her/his carbon footprint is: "consume less". Well, we need to consume less globally.