23 days ago
Times of India
The irrationality of pursuing a never enough economic growth on a planet that has limited resources is undeniable. Economic growth is often measured by Gross Domestic Product (GDP), which is the total value of goods and services produced within a country’s borders. However, the Earth’s resources are finite, and economic growth that relies on ever-increasing consumption and production leads to the depletion of natural resources, environmental degradation, and the exacerbation of social and economic inequalities. The primary obstacle is the resistance from those who benefit from the current economic model, including governments and corporations that prioritize economic growth above all else. “We generally associate economic growth with progress and prosperity and may be reluctant to give it up for a relatively untested alternative.
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