Tag Archives: GPI

Gr**th and G*P: Don’t Mention the G-Words

[Published at Real World Economics Review Blog 18 Dec]

A recent exchange between Jason Hickel (and here and here) and Dean Baker (and here) on whether humanity can have a viable future and still have ‘economic growth’, nicely highlights the way old concepts and words can trap us in unproductive debate and action.

The way forward is to recognise the need for a fundamental re-framing of the nature and purpose of our societies, and their economies. The terms growth, GDP, capital and capitalism are so ill-defined, confused or inappropriate they only hinder debate.

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