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If not growth, then what?

Michael L. McIntyre, Steven A. Murphy and Bernard Funston

International Journal of Business Governance and Ethics, 2012, vol. 7, issue 2, 96-117

Abstract: This paper examines the misalignment between growth expectations of economic models and the finite capacity of the planet to sustain such growth. We utilise public data to illustrate that resources required to sustain human life are being degraded to a point that should warrant collective action. In examining a range of economic growth scenarios, we posit a growth-equity frontier that constrains human kind's choices, and caution that discussions around growth rates require a fundamental shift in how human kind views economic success, productivity and human happiness.

Keywords: economic growth; corporate governance; sustainability; sustainable development; economic success; productivity; human happiness. (search for similar items in EconPapers)
Date: 2012
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