PETER A. VICTOR

Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. The author tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Many reasons for questioning growth are given based on an extensive review of the data as well as conceptual and methodological considerations. The experience of growth in several countries is documented, compares and found wanting. This second edition explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative.