Tag: economic Growth

Why a steady state economy might be a good thing

Economic growth – doesn’t it sound lovely? But is sustained, continual economic growth really possible? Really, the whole to’ing and fro’ing over budgets needed for economic growth and austerity measures and just who is paying for it all has been about this fundamental question. It underpins all sorts of debates about not only Australia’s contentious 2014 … Continue reading Why a steady state economy might be a good thing →

Ch 5: Human nature — The hierarchy of needs

A bit from the chapter I'm writing: Capitalism plays to what is most insidious in human ‘nature’: competitiveness, acquisitiveness, instant gratification, tribalism. It’s fundamental mandates, the profit motive; economies of scale; the price mechanism; inelasticity of demand… allow this game. The game derives from its character. Capitalism is not programmed for altruism. It is, and … Continue reading Ch 5: Human nature — The hierarchy of needs →