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Does Economic Growth Cost Too Much?
Open to Debate
The Costs of Economic Growth: GDP vs Genuine Progress Indicator
Comparison of GDP and genuine progress indicator shows that economic growth has resulted in declining well-being, ecological footprint exceeding Earth's capacity, and unsustainable consumption levels. Increased economic growth leads to more waste, destruction of habitats, and does not improve life satisfaction. Overshoot has been reached, and the trend in the USA shows GDP per person increasing while genuine progress indicator and life satisfaction peak and decline.
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