Good article I have just noticed in today's online Herald by University of Strathclyde colleague Colin McInnes. Colin argues that neither the current slump nor growth scepticism, for product saturation, equity, or environmental reasons, should make us adopt a stagnation, or zero growth, aspiration. He argues:
Ultimately, the zero-growth outlook is simply a limit-setting view. Arguing that growth should cease at this entirely arbitrary juncture of history displays a degree of apocalyptic angst. Insisting we need to regress to a simpler way of life displays a degree of contempt for future generations.
We should aspire not to a future of eternal stagnation, but to an upswing of innovation-driven growth which can deliver both shared prosperity and the means to de-couple human needs from the environment.
I couldn't agree more. Go read the piece.