Skip to main content
Growth Fetish: Five Reasons Why Prioritizing Growth Is Bad Policy

Growth Fetish: Five Reasons Why Prioritizing Growth Is Bad Policy

Gus Speth

Gus Speth

Co-chair of The Next System Project more

Environment & Energy Democracy & Governance

Economic growth is good and the world needs more of it. Or does it? In this piece for CommonDreams, distinguished fellow and co-chair of the Next System Project Gus Speth, debunks America’s growth imperative by laying out five unmistakable problems with the obsession for economic growth. By describing these problems in detail, Speth gives illustration to the damages of the current system and discusses the need for a new economy.

One hears a lot about reviving the economy and getting it growing again. But shouldn’t we be striving to transform the economy and not merely revive it? The old economy simply hasn’t been delivering economically, socially or environmentally for decades.

Read the full article at CommonDreams.

Gus Speth

Gus Speth

Co-chair of The Next System Project more

More related work

The Preston Model: interlinked elements of a local economy

Infographic: The Preston Model

The “Preston Model” is helping inspire a new conversation about the role of local government in catalyzing locally-driven economic revitalization and transforming patterns of ownership. read more
a wall is half covered in graffiti, in the top half, which is mostly unadorned, the word 'DECOLONIZE' is painted in large black and white letters

Episode 15: How Communities Can Take Control of Their Police (w/ Max Rameau)

Why “community policing” isn’t going to end police violence, and what real community control of policing could look like. read more
An American flag in front of a raging wildfire

Stress Test: Democracy Confronts Climate Change

American democracy can’t rise to meet the challenge of a changing climate if we don’t reimagine our economic system. read more