The Paradox of Growth As Good
Martin Kirk writes for Aeon on the paradoxical connection between economic growth and eliminating poverty. Kirk illustrates that increasing the size of the economic pie, by spending the world’s finite resources, with no change in distribution to impoverished populations, will not only not eradicate poverty in the near future, but will only accelerate the depletion of the natural world:
Every forest razed, every armament sold, every industrial pollutant created, even the profits from drugs and prostitution, all register as positive for GDP [the gross domestic product]. And so as we grow, so we destroy. Left unchecked, it can result only in the complete exhaustion of the sources of value, and indeed life, it draws upon.