Why society’s expectation of economic growth is no longer realistic
Economic growth--and the hope of better things to come—is the
religion of the modern world. Yet its prospects have become bleak,
with crashes following booms in an endless cycle. In the United
States, eighty percent of the population has seen no increase in
purchasing power over the last thirty years and the situation is not
much better elsewhere. The Infinite Desire for Growth spotlights the
obsession with wanting more, and the global tensions that have arisen
as a result. Amid finite resources, increasing populations,
environmental degradation, and political unrest, the quest for new
social and individual goals has never been so critical. Leading
economist Daniel Cohen provides a whirlwind tour of the history of
economic growth, from the early days of civilization to modern times,
underscoring what is so unsettling today. The new digital economy is
establishing a "zero-cost" production model, inexpensive software is
taking over basic tasks, and years of exploiting the natural world
have begun to backfire with deadly consequences. Working hard no
longer guarantees social inclusion or income. Drawing on economics,
anthropology, and psychology, and thinkers ranging from Rousseau to
Keynes and Easterlin, Cohen examines how a future less dependent on
material gain might be considered and, how, in a culture of
competition, individual desires might be better attuned to the greater
needs of society. At a time when wanting what we haven't got has
become an obsession, The Infinite Desire for Growth explores the
ways we might reinvent, for the twenty-first century, the old ideal of
social progress.
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Produktdetaljer
ISBN
9781400889495
Publisert
2018
Utgiver
Vendor
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter