The Millionaire Barrier

Jack Parsons

1975, 24pp.

ISBN: 0-9541978-6-0

£3.00

The thesis of this monograph is that economic growth as a major national goal is a comparatively new phenomenon which must, of its nature, be extremely transient; it must give way to more permanent, substantial, and preferably morally sounder goals.

Past economic growth per head has 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 socioeconomic 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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