28 January 2009

Some people think that a sustainable economy should sustain the rate of growth of GDP. According to this view, the sustainable economy is equivalent to the growth economy, and the question of whether sustained growth is biophysically possible is begged. The political purpose of this stance is to use the buzzword “sustainable” for its soothing rhetorical effect without meaning anything by it. -- Herman Daly



Ecological Economics in a Full World by Herman Daly _SCIAM Sep 2005_ -

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