Rethinking economics and the limits to growth

Traditional economics treats our planet as an infinitely exploitable resource. Clearly that is impossible and already there are disturbing signs of a planet in distress.

But even if we ignore that, is endless growth really good for us? Where does it end?

When we talk briefly about MMT (Modern Monetary Theory), we refer to 'monetary sovereign' nations - for a definition, see Wikipedia.

 

Philip Lawn is Adjunct Professor at Torrens University, a Research Scholar at the Global Institute for Sustainable Prosperity, and a member of the Wakefield Futures Group (South Australia).

Interview by Rod as part of the series with authors in our book Sustainability and the New Economics.