Overnight, years of pursuing economic growth measured by GDP at the expense of non monetary values such as: social conditions, the cost to the environment and other living measures have been jettisoned after the coronavirus hit the UK. Behaviour has changed for the collective good. There is shame in selfish behaviour and greed such as … Continue reading Coronavirus – valuing Living Standards more than traditional Economics
Tag: environmental responsibility
GDP growth forever is unsustainable
What the climate needs to avoid collapse is a contraction in humanity use of resources - what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed and its not the laws of nature
