Slow growth, slow growth, slow growth.

A board for news and views on what's happening in the world

Slow growth, slow growth, slow growth.

Postby Workingman » 17 Apr 2016, 11:16

I see the IMF and leading economists are getting themselves into a lather about the slowdown of the Global economy. Well, it cannot go on growing forever, even primary school children know that, so why not work with it? Why not aim for stabilisation rather than growth, the Earth's environment could certainly do with it?

It is long past the time for us to be having a good look at what "money" and "wealth" really are and to stop aiming for more of everything: more goods; more consumerism; more; more and more.
User avatar
Workingman
 
Posts: 21745
Joined: 26 Nov 2012, 15:20

Re: Slow growth, slow growth, slow growth.

Postby cromwell » 17 Apr 2016, 12:01

Very true. But big business is immensely greedy for more money, so they want a bigger and bigger world population consuming more and more goods.

I'm no communist but as you say, in the long run constant growth isn't sustainable, consumes too much of the earth's reserves and creates massive pollution problems.
"Facts do not cease to exist because they are ignored" - Aldous Huxley
cromwell
 
Posts: 9157
Joined: 26 Nov 2012, 12:46
Location: Wakefield, West Yorkshire.

Re: Slow growth, slow growth, slow growth.

Postby Aggers » 17 Apr 2016, 21:15

I think the economy could benefit from a slow down in growth.

I can't see that continual growth is the recipe for happiness.
Aggers
 

Re: Slow growth, slow growth, slow growth.

Postby Suff » 17 Apr 2016, 22:58

Ah but you see there are still about 3bn people who have not yet embraced Western economics.

Plenty of room for exponential growth yet....

Or not. But that is how they think. So when it stops growing they start flapping.
There are 10 types of people in the world:
Those who understand Binary and those who do not.
User avatar
Suff
 
Posts: 10785
Joined: 26 Nov 2012, 08:35


Return to News and Current Affairs

Who is online

Users browsing this forum: No registered users and 163 guests