Why society's expectation of economic growth is no longer realistic
Economic growth--and the hope of better things to come--is the religion
of the modern world. Yet its prospects have become bleak, with crashes
following booms in an endless cycle. In the United States, eighty
percent of the population has seen no increase in purchasing power over
the last thirty years and the situation is not much better elsewhere.
The Infinite Desire for Growth spotlights the obsession with wanting
more, and the global tensions that have arisen as a result. Daniel Cohen
provides a whirlwind tour of the history of economic growth, from the
early days of civilization to modern times, underscoring what is so
unsettling today. He examines how a future less dependent on material
gain might be considered, and how, in a culture of competition,
individual desires might be better attuned to the greater needs of
society.