Growth Problems: Wealth, Poverty, and Wellbeing of Nations Review 2

Growth Problems: Wealth, Poverty, and Wellbeing of Nations Review
A provocative criticism of the love and error of our obsession with economic growth. We live in a society where a priesthood of economists, using impenetrable mathematical formulas, sets the framework for public debate. Ultimately, there are economists who set the agenda for how much we can spend on our schools, highways and defense; who decides how much unemployment is acceptable, and whether it is right to print out money or bail banks. The setback we are witnessing suggests that people are turning to the economists and their erroneous representation of our lives. Despite decades of steady economic growth, many residents feel more pessimistic than ever, and vote for candidates who vote unimaginably contempt for the technocratic elite. For a long time, the economy has been in a language that does not correspond to people's lived experience, and we now live with the consequences. In this powerful, sharp book, David Pilling delves into the disturbances and failures of our obsession with economic growth, examining alternatives to GDP, from measures of wealth, equality and sustainability to initiatives of subjective well-being. Authentic, provocative and eye-opening, Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people rather than pursuing growth at all costs.