The Growth Illusion
How economic growth has enriched the few, impoverished the many and endangered the planet

Douthwaite, Richard
Publisher:  New Society Publishers, Gabriola Island, Canada
Year First Published:  {12001 The Growth Illusion GROWTH ILLUSION How economic growth has enriched the few, impoverished the many and endangered the planet Douthwaite, Richard New Society Publishers Gabriola Island Canada Douthwaite argues that strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britiain, Germany and Australia, each increase in national income consumes more resources than it creates on a sustainable basis. In other words, these economies are running backwards and making their citizens worse off. 1992 1999 386pp BC12001-TheGrowthIllusion.jpg B Book 0-86571-396-0 - <br> <br> <br>Table of Contents <br> <br>Graphs and Illustrations <br> <br>Acknowledgments <br> <br>Foreword by David C. Korten <br> <br>Introduction <br>A new way of looking at economic growth is emerging which will radically adjust the way we treat the natural world. <br> <br>1. Quality or Quantity? <br>Politicians often promise to raise our standard of living. What they do not say is that this will inescapably reduce the quality of our lives. <br> <br>2. Why Capitalism Needs Growth <br> <br>3. Capitalism cannot survive without growth. <br>Firms are compelled to expand to avoid collapse. In the world up to 1914, this compulsion built empires, destroyed indigenous cultures and, finally, led to world war. <br> <br>4. The Benefits of War and Depression <br> Major advances in the living conditions of the British people resulted from two world wars, the depressions of the twenties and thirties and the fiercely redistributive policies of the 1945 Labour government. Whenever growth appeared, life for the majority got worse. <br> <br>5. Mrs Thatcher and the Struggle Against Inflation <br> Because Mrs. Thatcher had mistaken ideas about the evils of inflation and sought to accelerate growth by improving investor's returns, her three governments engineered a major shift in the distribution of incomes and wealth in favour of the better-off. <br> <br>6. Ned Ludd Was Right <br>The growth process perverts the national economy within which it works. It causes unemployment and yet makes labor less affordable. It enables the concentration of economic power and requires ever-higher shares of national income to be spent by the state. <br> <br>7. Growth and the National Health <br>It was not until 1955 that accelerating the growth rate became the major British economic obsession. Since then, the methods used to generate higher levels of output have caused a large increase in chronic illness. <br> <br>8. How Growth Damaged Family and Community Life <br>All the indicators of the quality of life show that this deteriorated in Britain between the '50s and the end of the '80s shows that the process brought very few benefits at all. <br> <br>9. What Has All the Growth Done? <br>Has growth kept its promises? An examination of the changes in Britain between the '50s and the end of the '80s show that the process brought very few benefits at all. <br> <br>10. Growth Must Have a Stop <br>Because their need for growth forces firms to adopt new technologies before their impact can be assessed, environmental disasters such as the large-scale release of CFCs and PCBs are inevitable. Innovations must only be permitted when it is clear that society and the environment will benefit. <br> <br>11. Growth in the Greenhouse <br>Politicians are more concerned about maintaining conditions in which economic growth is possible than holding the world's climate unchanged. <br> <br>12. The Dutch Dilemma <br>Continuing to grow economically is neither necessary for the wellbeing of the Dutch people nor desirable for their environment. They are, however, both unwilling and unable to bring the process to a stop. <br> <br>13. The Mahatma's Message <br>India has found that industrialization has created many more problems than it has solved and there is a growing group of people who would like to see Mahatma Gandhi's put-the-weakest-first policies used instead. <br> <br>14. De Valera's Dream <br>Ireland made economic growth its priority in the late 1950s. At first it raised its people's incomes by introducing labor-saving technologies and sending those whom the process makes redundant to live overseas. More recently, it has denied the large numbers of people a fair share of the higher incomes produced by growth by keeping their wage rates down. <br> <br>15. The Myth of Sustainable Growth <br>The only sustainable society is a stable society- there is no such thing as sustainable growth. What are the principles on which such a society can be built? In particular, how can we stabilize world population? <br> <br>16. Guiding the Invisible Hand <br>Morality lost almost all control over the direction of economic change after Adam Smith's concept of the 'invisible hand' gained acceptance. If the world is to have a bright future, morality must govern our actions against. <br> <br>Epilogue <br>Notes <br>Bibliography <br>Index CX6141 1 false true false CX6141.htm [0xc0004dc300 0xc0000ea4e0 0xc0003a35c0 0xc0002bb980 0xc000226150 0xc0002faf30 0xc0006ff2c0 0xc00086bf50 0xc00018d2c0 0xc000b02c90 0xc000ca9920 0xc000496ba0 0xc0006848a0 0xc000696150 0xc0007e6060 0xc000c34750 0xc000dea270 0xc001026210 0xc00026c5a0 0xc00026c990 0xc00026cff0 0xc000329d70 0xc0005bd0b0 0xc0011fa570 0xc001224a80 0xc00128f770 0xc0012bc150 0xc000639470 0xc0015ad890 0xc000965ad0 0xc00100adb0 0xc0012dc780 0xc0014b6b10 0xc0009eebd0 0xc00107f1a0 0xc002636d80 0xc000687500 0xc000a56060 0xc000a686f0 0xc000afc1b0 0xc00140ff50 0xc00151d650 0xc0015987e0] Cx}
Year Published:  1999
Pages:  386pp   ISBN:  0-86571-396-0
Resource Type:  Book
Cx Number:  CX6141

Douthwaite argues that strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britiain, Germany and Australia, each increase in national income consumes more resources than it creates on a sustainable basis. In other words, these economies are running backwards and making their citizens worse off.

Abstract: 
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Table of Contents

Graphs and Illustrations

Acknowledgments

Foreword by David C. Korten

Introduction
A new way of looking at economic growth is emerging which will radically adjust the way we treat the natural world.

1. Quality or Quantity?
Politicians often promise to raise our standard of living. What they do not say is that this will inescapably reduce the quality of our lives.

2. Why Capitalism Needs Growth

3. Capitalism cannot survive without growth.
Firms are compelled to expand to avoid collapse. In the world up to 1914, this compulsion built empires, destroyed indigenous cultures and, finally, led to world war.

4. The Benefits of War and Depression
Major advances in the living conditions of the British people resulted from two world wars, the depressions of the twenties and thirties and the fiercely redistributive policies of the 1945 Labour government. Whenever growth appeared, life for the majority got worse.

5. Mrs Thatcher and the Struggle Against Inflation
Because Mrs. Thatcher had mistaken ideas about the evils of inflation and sought to accelerate growth by improving investor's returns, her three governments engineered a major shift in the distribution of incomes and wealth in favour of the better-off.

6. Ned Ludd Was Right
The growth process perverts the national economy within which it works. It causes unemployment and yet makes labor less affordable. It enables the concentration of economic power and requires ever-higher shares of national income to be spent by the state.

7. Growth and the National Health
It was not until 1955 that accelerating the growth rate became the major British economic obsession. Since then, the methods used to generate higher levels of output have caused a large increase in chronic illness.

8. How Growth Damaged Family and Community Life
All the indicators of the quality of life show that this deteriorated in Britain between the '50s and the end of the '80s shows that the process brought very few benefits at all.

9. What Has All the Growth Done?
Has growth kept its promises? An examination of the changes in Britain between the '50s and the end of the '80s show that the process brought very few benefits at all.

10. Growth Must Have a Stop
Because their need for growth forces firms to adopt new technologies before their impact can be assessed, environmental disasters such as the large-scale release of CFCs and PCBs are inevitable. Innovations must only be permitted when it is clear that society and the environment will benefit.

11. Growth in the Greenhouse
Politicians are more concerned about maintaining conditions in which economic growth is possible than holding the world's climate unchanged.

12. The Dutch Dilemma
Continuing to grow economically is neither necessary for the wellbeing of the Dutch people nor desirable for their environment. They are, however, both unwilling and unable to bring the process to a stop.

13. The Mahatma's Message
India has found that industrialization has created many more problems than it has solved and there is a growing group of people who would like to see Mahatma Gandhi's put-the-weakest-first policies used instead.

14. De Valera's Dream
Ireland made economic growth its priority in the late 1950s. At first it raised its people's incomes by introducing labor-saving technologies and sending those whom the process makes redundant to live overseas. More recently, it has denied the large numbers of people a fair share of the higher incomes produced by growth by keeping their wage rates down.

15. The Myth of Sustainable Growth
The only sustainable society is a stable society- there is no such thing as sustainable growth. What are the principles on which such a society can be built? In particular, how can we stabilize world population?

16. Guiding the Invisible Hand
Morality lost almost all control over the direction of economic change after Adam Smith's concept of the 'invisible hand' gained acceptance. If the world is to have a bright future, morality must govern our actions against.

Epilogue
Notes
Bibliography
Index

Subject Headings

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