Capitalism is built on economic growth. French economist Thomas Piketty said “Capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies should be based”.
Sustainability
Life Aspirations as the Goal in a Sustainable World
We all have aspirations for our lives. Aspirations are good and should be the goal of human economic activity – what better goals could we have?
Sustainable Economy – The Tragedy of the Commons
This economic model also very cleverly displays where we are overshooting on the Earth’s ability to sustain humanity and life in general and also highlights where we are falling short of providing well-being for people in different countries or globally.
Economic Growth not the Answer, Sustainable Balance is
Economic growth has only delivered dilution of human values, waste, pollution, climate change, fresh water shortages and irreversible degradation of the environment and extinction of entire species.