Jim wrote: > As usual, we have to be clear what _kind_ of "economic growth" is bad.
Here is a quote from p. 46 of the UK Prosperity without Growth report http://www.sd-commission.org.uk/publications.php?id=914 (URL forwarded to the pen-l on April 15 by Sandwichman): > Put in its simplest form the 'dilemma of growth' can now be stated in > terms of two propositions: > > o Growth is unsustainable -- at least in its current form. Burgeoning > resource consumption and rising environmental costs are compounding > profound disparities in social wellbeing > > o 'De-growth' is unstable -- at least under present conditions. > Declining consumer demand leads to rising unemployment, falling > competitiveness and a spiral of recession. > > This dilemma looks at first like an impossibility theorem for a > lasting prosperity. But it cannot be avoided and has to be taken > seriously. The failure to do so is the single biggest threat to > sustainability that we face. It would be interesting to see what lessons, if any, can be drawn from this report for the formulation of Waxman-Markey. I will respond to Carrol in a separate email. Hans. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
