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This text from Daniel Susskind's "Growth: A Reckoning" explores the history and consequences of economic growth. Susskind argues that growth, while having led to significant advancements in living standards and technological innovation, has also come with significant costs, including climate change, inequality, and potential job displacement. The book critiques GDP as a measure of economic success, arguing that it fails to capture many important social and environmental factors. Susskind explores alternative economic models, including degrowth, which advocates for slowing or reversing economic growth to protect the environment and reduce inequality. He also considers the role of government and technology in shaping the future of growth, proposing a shift toward more deliberative and participatory political systems to address the moral questions surrounding growth and its consequences.
This text from Daniel Susskind's "Growth: A Reckoning" explores the history and consequences of economic growth. Susskind argues that growth, while having led to significant advancements in living standards and technological innovation, has also come with significant costs, including climate change, inequality, and potential job displacement. The book critiques GDP as a measure of economic success, arguing that it fails to capture many important social and environmental factors. Susskind explores alternative economic models, including degrowth, which advocates for slowing or reversing economic growth to protect the environment and reduce inequality. He also considers the role of government and technology in shaping the future of growth, proposing a shift toward more deliberative and participatory political systems to address the moral questions surrounding growth and its consequences.