Description

Why society’s expectation of economic growth is no longer realistic

Economic growth—and the hope of better things to come—is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. He examines how a future less dependent on material gain might be considered, and how, in a culture of competition, individual desires might be better attuned to the greater needs of society.

The Infinite Desire for Growth

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Paperback / softback by Daniel Cohen , Jane Marie Todd

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Why society’s expectation of economic growth is no longer realisticEconomic growth—and the hope of better things to come—is the religion... Read more

    Publisher: Princeton University Press
    Publication Date: 08/12/2020
    ISBN13: 9780691210063, 978-0691210063
    ISBN10: 0691210063

    Number of Pages: 184

    Non Fiction , Business, Finance & Law

    Description

    Why society’s expectation of economic growth is no longer realistic

    Economic growth—and the hope of better things to come—is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. He examines how a future less dependent on material gain might be considered, and how, in a culture of competition, individual desires might be better attuned to the greater needs of society.

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