well put – a comment off the oil drum….

[-] FMagyar on December 1, 2010 – 1:49pm Permalink | Subthread | Parent | Parent subthread | Comments top

And as we all know our monetary system is utterly dependent upon infinite GDP growth.

Sounds like we are either going to be getting a new monetary system or we are going to decouple our present one from its dependence on infinite GDP growth, doesn’t it?

The other question is why are we still talking about GDP as a worthy metric?

“Somehow, we have come to think the whole purpose of the economy is to grow, yet growth is not a goal or purpose. The pursuit of endless growth is suicidal.” ~ David Suzuki


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