The myth of endless growth : exposing capitalism's Insustainability
The myth of endless growth : exposing capitalism's Insustainability
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Author(s): Strauss, William
ISBN No.: 9780557624966
Pages: 369
Year: 201009
Format: Trade Cloth (Hard Cover)
Price: $ 55.13
Dispatch delay: Dispatched between 7 to 15 days
Status: Available

This book shows how mainstream economic theory is fundamentally flawed. It shows how the expectation for endless growth is so deeply ingrained into what we expect the future to be that we do not even question the assumption. But this work, rather than follow an ecological path to explore limits to growth, is an 'œinside job' that shows that when modern economic growth theories are decoupled from assumptions that have no basis in how the real world is developing, but are, for the most part, mathematical conveniences applied for the sake of 'œstability', then the long-run economic outcome is no longer capitalism. Decision makers assume that changes today will lead to predictable and/or reversible outcomes. This is a myth. There are fallacies throughout the assumptions of predictability, reversibility, and endless growth. When reasoning is based upon a flawed foundation, bad choices can appear reasonable. This work shows that the future is not what it is supposed to be.



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