Monday, December 26, 2011

Renegade Economists Call for "Degrowth" Economy

Goodbye "Shop Til You Drop" Mentality: Renegade Band of Economists Call for "Degrowth" Economy
Christine MacDonald, AlterNet: "What if all roads to prosperity don't lead to the shopping mall, as most economists would have us believe? What if, in fact, all that shopping ... was actually the root of many of the problems we face today? That's the view of a renegade but increasingly influential band of economists, who say the myth of perpetual economic growth and 'the iron cage of consumerism' are the chief causes of world economic dysfunction and environmental crisis."
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