The second reason is a non-ecological argument in terms of the rise in socio - economic inequalities caused by policies promoting economic
growth under capitalism.
Economic
growth under capitalism can either widen or narrow income gaps.
Not exact matches
Posted by Arun DuBois
under capitalism, economic crisis, economic
growth, economic risk, free markets, GDP, global crisis, global imbalances, globalization.
Posted by Armine Yalnizyan
under capitalism, democracy, economic
growth, financial transactions tax, fiscal policy, global crisis, inequality, Occupy Movement, Role of government, taxation.
there are dodgy mlps, certainly, and those in fact are the ones that are most popular / fastest movers — LINE and ARLP come to mind — brains raised on on biotech and dot.com growthstock models must see fast
growth to fire synapses at all; but there are honest to goodness businesses in the segment as well; and the model they use — pay out all cashflow + issue new equity for
growth — is neither «fancy» (this used to be the standard British model of stock - market
capitalism until 1980s or so) nor unsustainable (most manage 50/50 equity / debt split and total debt well
under 4x cashflow).
Even the boldest establishment economic attempts to address climate change fall far short of what is required to protect the earth — since the «bottom line» that constrains all such plans
under capitalism is the necessity of continued, rapid
growth in production and profits.