The Infinite Desire for Growth

Business & Finance, Economics, Macroeconomics
Cover of the book The Infinite Desire for Growth by Daniel Cohen, Princeton University Press
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Author: Daniel Cohen ISBN: 9781400889495
Publisher: Princeton University Press Publication: June 12, 2018
Imprint: Princeton University Press Language: English
Author: Daniel Cohen
ISBN: 9781400889495
Publisher: Princeton University Press
Publication: June 12, 2018
Imprint: Princeton University Press
Language: English

Why society’s expectation of economic growth is no longer realistic

Economic growth--and the hope of better things to come—is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. *The Infinite Desire for Growth *spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Amid finite resources, increasing populations, environmental degradation, and political unrest, the quest for new social and individual goals has never been so critical.

Leading economist Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. The new digital economy is establishing a "zero-cost" production model, inexpensive software is taking over basic tasks, and years of exploiting the natural world have begun to backfire with deadly consequences. Working hard no longer guarantees social inclusion or income. Drawing on economics, anthropology, and psychology, and thinkers ranging from Rousseau to Keynes and Easterlin, Cohen examines how a future less dependent on material gain might be considered and, how, in a culture of competition, individual desires might be better attuned to the greater needs of society.

At a time when wanting what we haven't got has become an obsession, The Infinite Desire for Growth explores the ways we might reinvent, for the twenty-first century, the old ideal of social progress.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Why society’s expectation of economic growth is no longer realistic

Economic growth--and the hope of better things to come—is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. *The Infinite Desire for Growth *spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Amid finite resources, increasing populations, environmental degradation, and political unrest, the quest for new social and individual goals has never been so critical.

Leading economist Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. The new digital economy is establishing a "zero-cost" production model, inexpensive software is taking over basic tasks, and years of exploiting the natural world have begun to backfire with deadly consequences. Working hard no longer guarantees social inclusion or income. Drawing on economics, anthropology, and psychology, and thinkers ranging from Rousseau to Keynes and Easterlin, Cohen examines how a future less dependent on material gain might be considered and, how, in a culture of competition, individual desires might be better attuned to the greater needs of society.

At a time when wanting what we haven't got has become an obsession, The Infinite Desire for Growth explores the ways we might reinvent, for the twenty-first century, the old ideal of social progress.

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