by Brian Snyder
- “…in the wealthier parts of the world, the fixation with constant economic growth has become destabilizing, producing vast inequalities and putting the natural world out of balance.”
- “Then ‘God’ became redundant and disappeared.
For many people, one of the causes of our obsession with economic growth is our belief that it will make our lives better. We think that with a little more money and a little more financial security, we will be able to better provide for our families, pay for our children’s college, and eventually retire, perhaps not wealthy but safe in the knowledge that we will never be poor.
Herman Daly takes aim at a major flaw of neoclassical economics, along with the wrong-headed policies of globalization.