Wellbeing, Happiness, and GDP Growth: Rhetoric vs. Reality
by James MacGregor Palmer
Several movements are working in opposition to the destructive growth economy of the 21st century. The labels adopted by these movements are largely tied to the regions in which they originated and/or became popular. For example, the term “steady state” is most prevalent in the USA, while “degrowth” is often associated with continental Europe. The widespread term throughout the UK, however, is “wellbeing economy.”
Without prior knowledge of the UK term,