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The Growth Illusion By Richard Douthwaite

The Growth Illusion by Richard Douthwaite

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Summary

The Growth Illusion exposes the real nature of undirected economic growth, and refutes Adam Smith's belief in the 'invisible hand' ensuring that self-interest would serve the common good.

The Growth Illusion Summary

The Growth Illusion: How Economic Growth Has Enriched the Few, Impoverished the Many and Endangered the Planet by Richard Douthwaite

The idea that growth is beneficial underlies the economic strategies of all major political parties, but the reality of recent years is that the negative effects of growth have far outweighed any positive ones. In Ireland growth has been the root cause of unemployment; in Britain it has led to an eightfold increase in crime, the breakdown of family life and a deterioration in general levels of health and education; in the USA real incomes have fallen; in India people have been driven from the land into urban slums; and the natural world suffers increasing threat and inexorable erosion. The Growth Illusion exposes the real nature of undirected economic growth, and refutes Adam Smith's belief in the 'invisible hand' ensuring that self-interest would serve the common good. Rather than strive for constant expansion to stave off collapse, nations must learn to build stable economies. This new edition updates the text with an analysis of recent developments in the UK?and elsewhere.

The Growth Illusion Reviews

After reading Douthwaite's vivid and convincing case studies it becomes impossible to hear a politician promising recovery (and hence a new bout of consuming) without feeling mingled pity and contempt. * Rowland Morgan, The Independent on Sunday *
Brilliant and highly documented ... Richard Douthwaite's book is of the greatest importance to us all * Edward Goldsmith, founder and co-editor of The Ecologist *

About Richard Douthwaite

Richard Douthwaite is an economist and writer with a special interest in climate and energy issues and in local economic development. His best-known book, The Growth Illusion: How Economic Growth Enriched the Few, Impoverished the Many and Endangered the Planet explores the effects that the pursuit of growth has had on the environment and society. He is a co-founder of Feasta, the Foundation for the Economics of Sustainability, the Dublin-based international network of people who believe that the world's sustainability problems are due to the use of dysfunctional systems and are trying to develop better ones. His current projects include the design and introduction of novel financing arrangements for community energy projects and the management of the Carbon Cycles and Sinks Network which explores ways in which land-based greenhouse gas emissions can be reduced.

Additional information

GOR003122833
9781870098762
1870098765
The Growth Illusion: How Economic Growth Has Enriched the Few, Impoverished the Many and Endangered the Planet by Richard Douthwaite
Used - Very Good
Paperback
Green Books
1990-01-01
382
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Growth Illusion