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The Good Life Beyond Growth: New Perspectives

The Good Life Beyond Growth: New Perspectives

Hardcover

Series: Routledge Studies in Ecological Economics

Business GeneralEconomicsGeneral Sociology

ISBN10: 113868788X
ISBN13: 9781138687882
Publisher: Routledge
Published: Oct 1 2017
Pages: 270
Weight: 1.28
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English

Many countries have experienced a decline of economic growth for decades, an effect that was only aggravated by the recent global financial crisis. What if in the 21st century this is no longer an exception, but the general rule? Does an economy without growth necessarily bring hardship and crises, as is often assumed? Or could it be a chance for a better life? Authors have long argued that money added to an income that already secures basic needs no longer enhances well-being. Also, ecological constraints and a sinking global absorption capacity increasingly reduce the margin of profitability on investments. Efforts to restore growth politically, however, often lead to reduced levels of social protection, reduced ecological and health standards, unfair tax burdens and rising inequalities. Thus it is time to dissolve the link between economic growth and the good life.

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