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The “No-Growth” Prescription for Misery

20 13 3
17.10.2018

LONDON – From their ivory towers, nearly 240 academics have declared that economic growth is bad for Europe and the planet. In two months, they and global supporters of the “no-growth economy” have held conferences in Mexico City, Malmö, and Brussels.

Oct 12, 2018 Jacek Rostowski shows that there is no viable path to a politically and economically acceptable withdrawal from the EU.

Their efforts herald a return to an earlier, thoroughly debunked form of alarmist environmentalism that is detached from reality and disdainful of billions of the world’s people.

The campaigners claim we must stop economic growth because the planet is crossing environmental boundaries, and inequality between humans is increasing.

But for the most important environmental issues, economic growth has solved problems, not created them. The cleanest places are not the poorest countries, but the richer economies that have cleaned up their act. As societies become richer, individuals can afford to stop worrying about food and sanitation, and to start worrying about the environment.

Indoor air pollution is the world’s biggest environmental killer, claiming lives because poor people burn dung and wood for cooking and heating. As societies get richer, people can afford cleaner technology. In 1990,........

© Project Syndicate