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Exploring the costs of economic growth like environmental damage, health issues, and inequality. Differing perspectives on growth and well-being. The importance of technology in conserving the planet. The political risk cost and foregone innovation of the de-growth movement. Challenging the idea of economic growth costing too much. Expressing gratitude and signing off.
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- Economist Peter Victor argues that economic growth comes at a high cost to the environment and advocates for limits on resource extraction and waste generation.
- Catherine Mang Guidawar asserts that economic growth has led to significant improvements in human well-being, facilitates innovation, and emphasizes the importance of individual freedom and choice.
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The Costs of Economic Growth
Economist Peter Victor argues that economic growth comes at a high cost to the environment, contributing to global issues such as climate change and species loss. He emphasizes that measuring growth through GDP is an unreliable indicator of well-being and that focusing on improving education, health, and other aspects of human well-being is more important than pursuing endless growth. Victor advocates for limits on resource extraction and waste generation to protect the planet and create a sustainable future.
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