SEF News-Views Digest No. 157 (12-14-16)
Clifton Ware, Editor-Publisher
One major concern voiced by sustainability experts involves the promotion of constant economic growth by conventional economists. Beginning with fossil-fuel discoveries in the late 18th century, the world has been on an increasing consumption binge propelled by a dubious economic paradigm: All Economic Growth is Good. This endemic socio-political, religious-like belief holds that true prosperity can only be achieved by increasing the economic growth rate, the higher the better. In other words, without economic growth, society can expect austere living conditions.