We have many problems – poverty, unemployment, environmental destruction, climate change, financial instability, etc. – but only one solution for everything, namely economic growth. We believe that growth is the costless, win-win solution to all problems, or at least the necessary precondition for any solution. This is growthism. It now creates more problems than it solves.A journey of no return, not a circular economyThe economic process is not a mechanical analog that can be run … [Read more...]
Herman Daly is professor emeritus at the University of Maryland School of Public Policy. He is the author of numerous books, including Steady-State Economics, Beyond Growth, and For the Common Good (with theologian John Cobb, Jr.). Among the awards he has received are the Right Livelihood Award and a Lifetime Achievement Award from the National Council for Science and the Environment.