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In this updated and revised edition of The Growth Illusion , Richard Douthwaite argues that strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britain, Germany and Australia, each increase in national income consumes more resources that it creates on a sustainable basis. In other words, these economies are running backwards and making their citizens worse off. The Growth Illusion explores this phenomenon, asking fundamental questions along the way about economics and the society in which we live. Informal, highly readable, and even darkly humorous, the book is filled with interesting stories and information. Equally important, it points the way forward to how the capitalist system can be redirected to fulfil society's hopes by restructuring economies to be based on local, rather than global imperatives. It will be of interest to all seeking solutions for the 21st century. |
Douthwaite, Richard:
'The Growth Illusion. How Economic Growth has Enriched the Few, Impoverished the Many and Endangered the Planet.' |