Change Oracle

The Illusion of Growth and the Fallacy of Kuznets Curve


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Much of what conventional economic wisdom perceives as growth harms both humanity and the environment. The evidence contradicts the conventional economic wisdom that over time, economic growth reduces inequality and benefits biodiversity. The obsession with growth fuels globalization, exacerbating inequality and environmental degradation. Moreover, traditional measures like GDP fail to account for true well-being and progress. We need sustainable economic models that prioritize social and environmental realities over the preoccupation with growth. 

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Change OracleBy Richard Matthews