Sunday, November 4, 2007

Growth Economy?

One significant factor contributing to our current environmental crisis is our growth economy. To be successful and attract investors, corporations need to show growth in revenue, in sales, in market share, and in profitability. Countries measure their economic health by growth in Gross Domestic Product (GDP). One result is that we reward and value wasteful, unnecessary production much more than we do quiet conservation. Even ignoring wastefulness, simple grade-school arithmetic tells us that a never-ending growth economy operating in a finite world is unsustainable - a fact most governments and coroporate spokespersons choose to ignore.

Sandra Finley, Leader of the Green Party of Saskatchewan, has written a pertinent article on the need for change in our economic indicators. I recommend it to my readers. Click here to view Sandras's article.

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