The Economic Transition

By Jack Parsons

1975/2002

Price £3.00 

ISBN: 0-9541978-6-0

The thesis of this 22 page paper is that economic growth as a major national goal is a comparatively new phenomenon which must, of its nature, be extremely transient; it may give way to more permanent, substantial, and preferably morally sounder goals. Past economic growth per head had not been nearly as great as is often thought and - even if environmental resources were infinite - further increments cannot continue to be expected much longer because of inherent constraints within socio-economic systems. It is further argued that removing economic growth from the apex of our pyramid of social goals will leave a painful void and compel a salutary reappraisal of our value system. Some suggestions are put forward for consideration and a way forward is advocated.

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