ecological degradation

The Pernicious Myth of Perpetual Economic Growth

The present human condition is predicated on one of the biggest lies ever – that the economy can grow indefinitely. In a self-serving logical contortion, economists in service to the oligarchy measure the well-being of a society by how fast the economy grows, with little regard to the state of natural capital, human inequity, the welfare of ecosystems and other species, or the extent to which people and society are happy.