Logo degrowth

Text

Why the Economy Should Stop Growing—And Just Grow Up

Author:
David Korten

Entry type:

Year of publication:
2016

Publishers:
YES! Magazine

Language:
English

External content:
To the content

Teaser: “How do we grow the economy?” is an obsolete question. Local initiatives across the world are looking for maturity instead as they rebuild caring, place-based communities and economies.

From the text: . . . But children and adolescents grow. Adults mature. It is time to reframe the debate to recognize that we have pushed growth in material consumption beyond Earth’s environmental limits. We must now shift our economic priority from growth to maturity—meeting the needs of all within the limits of what Earth can provide. . . .
The step to maturity depends on rebuilding caring, place-based communities and economies and restoring to them the power that global corporations and financial markets have usurped. Local initiatives toward this end are already underway throughout the world. . . .

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