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FROM GROWTH DELUSION TO DEGROWTH: THE DIAGNOSIS AND PROGNOSIS OF THE CONTEMPORARY CRISIS

Anca Gheorghica and Ion Pohoata ()

Revista Economica, 2012, vol. Supplement, issue 1, 319-328

Abstract: The paper sets out to investigate the cause, implications and solutions of the current multidimensional crisis. The research goals are to emphasize the hiatus between Gross Domestic Product growth and genuine development and to provide a diagnosis and a prognosis of contemporary global trends in the light of growth. Our research finds solid proof that the cause of the persistence of this crisis is the addiction to chrematistic growth and, accordingly, the solution stands on the liberation from the growth imperative and the advancement of degrowth for ecological sustainability and social equity.

Date: 2012
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