Article 4EVVX Our obsession with growth is ruining the planet. A Green New Deal can save us | Kate Aronoff

Our obsession with growth is ruining the planet. A Green New Deal can save us | Kate Aronoff

by
Kate Aronoff
from Economics | The Guardian on (#4EVVX)

If we want to head off mass extinction, we should grasp this once-in-a-species chance to throw out the old rules completely

We seem to be caught between parallel universes. You may have caught a glimpse of the first last week, when GDP was announced to have grown by 3.2% in the first quarter of 2019, a "blockbuster" result that the White House economic adviser Kevin Hassert told CNBC is "absolutely" sustainable in the coming months and years. With unemployment at its lowest levels since 1969, Democrats eyeing the 2020 elections are starting to worry the economy might even be too good, making it more difficult to beat Trump next year.

Related: How to fix capitalism: nine expert solutions for America's broken system

Preventing runaway catastrophe means throwing the logic of endless accumulation out the window

Related: Fiscally-conservative Democrats have declared war on the Green New Deal | Kate Aronoff

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