Economic growth has lifted billions of people across the globe out of poverty, giving countless millions a path to prosperity. The impact is truly immeasurable in the innovation, productivity, and human well-being it produces.
But along comes an article in The New Yorker explaining that some on the Left want to stop all that. They are “giving birth to the ‘de-growth’ movement, which calls on advanced countries to embrace zero or even negative G.D.P. growth.”
Economic growth, they claim, fuels climate change and leads to income inequality. Prosperous countries—the United States in particular—need to intentionally put on the brakes.Ignore the ability […]
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