Novara Media

ACFM Trip 53: Growth

18 snips
Aug 3, 2025
The hosts delve into the obsession with economic growth and its implications in a world facing resource depletion. They critique GDP as a measure of well-being and explore concepts like degrowth, radical abundance, and sustainable socialism. The discussion also highlights the challenges of individual thought in late capitalism and the pressures of self-optimization. With a blend of cultural references and forward-thinking ideas, they advocate for reshaping our relationship with growth and prioritizing human needs over profit.
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INSIGHT

Growth is a Capitalist Obsession

  • Growth is deeply embedded in capitalism as a goal for rising profits, not just economic activity.
  • The obsession with growth shapes both politics and cultural ideas like personal development.
INSIGHT

GDP and Infinite Growth Contradiction

  • GDP measures monetary economic activity, not wellbeing or distribution.
  • Economic growth means the economy must double in size every 8 years, raising sustainability issues.
INSIGHT

GDP's Origins and Limitations

  • GDP was created to measure economic activity, not human welfare or efficiency.
  • It became fetishized as a government success measure during the post-war era and Cold War.
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