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The growth illusion : how economic growth has enriched the few, impoverished the many, and endangered the planet /

by Douthwaite, R. J.
Type: materialTypeLabelBookPublisher: Dublin, Ireland : Lilliput Press, 2000Edition: Rev. ed.Description: xiii, 383 p. : ill. ; 24 cm.ISBN: 1901866327; 9781901866322.Subject(s): Economic development -- History | Economic development -- Social aspects -- History | Economic development -- Environmental aspects -- History | Economic history -- 1750-1918 | Economic history -- 1918- | Poverty | This contribution to Bissell Library was made by the George B. Zotiades Memorial Fund
Contents:
Summary: "Is economic growth making our lives any better? In 1992, when the first edition of [this book] appeared, most ... would have had little doubt that the answer was "yes" : even the author was surprised when his research showed otherwise. Today, however, the climate of opinion has reversed and there is widespread acceptance that, while growth might be necessary to generate jobs, the development path we are following is not improving the quality of life for ourselves or for our children. This updated and revised edition ... explains what went wrong. As [the author] argues, strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britain, 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. [This book] explores this phenomenon, asking fundamental questions along the way about economics and the society in which we live"--Back cover.
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Non Fiction 338.9 DOU (Browse shelf) Available

Includes bibliographical references (p. 357-368) and index.

Foreword / David C. Korten -- Quality or quantity? -- Why capitalism needs growth -- Ill fares the land -- The benefits of war and depression -- Mrs. Thatcher and the struggle against inflation -- Ned Ludd was right -- Growth and the National Health -- How growth damaged family and community life -- What has all the growth done? -- Growth must have a stop -- Growth in the greenhouse -- The Dutch dilemma -- The Mahatma's message -- De Valera's dream -- The myth of sustainable growth -- Guiding the invisible hand.

"Is economic growth making our lives any better? In 1992, when the first edition of [this book] appeared, most ... would have had little doubt that the answer was "yes" : even the author was surprised when his research showed otherwise. Today, however, the climate of opinion has reversed and there is widespread acceptance that, while growth might be necessary to generate jobs, the development path we are following is not improving the quality of life for ourselves or for our children. This updated and revised edition ... explains what went wrong. As [the author] argues, strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britain, 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. [This book] explores this phenomenon, asking fundamental questions along the way about economics and the society in which we live"--Back cover.

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