Doing Business In A Postgrowth society

Corporate leaders by and large seem to assume that economic activity in affluent countries can (indeed, must) continue to expand, the more the better - despite mounting evidence of growth's negative effects on the environment and much more. They need to get used to the idea of a postgrowth soci...

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Bibliographic Details
Published inHarvard business review Vol. 87; no. 9; p. 18
Main Author James Gustave Speth
Format Magazine Article
LanguageEnglish
Published Boston Harvard Business Review 01.09.2009
Subjects
Economic planning
Environmental protection
GDP
Gross Domestic Product
Recessions
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Summary:Corporate leaders by and large seem to assume that economic activity in affluent countries can (indeed, must) continue to expand, the more the better - despite mounting evidence of growth's negative effects on the environment and much more. They need to get used to the idea of a postgrowth society. Just as unlimited population expansion is untenable, so is unlimited GDP growth. Yet the open-ended commitment to economic growth persists, and it is now creating more problems than it is solving.
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ISSN:0017-8012