{"id":14752,"date":"2024-09-12T07:46:57","date_gmt":"2024-09-12T06:46:57","guid":{"rendered":"https:\/\/populationmatters.org\/?p=14752"},"modified":"2024-09-12T11:46:54","modified_gmt":"2024-09-12T10:46:54","slug":"endless-economic-growth-unsustainable-for-planet-and-people","status":"publish","type":"post","link":"https:\/\/populationmatters.org\/news\/2024\/09\/endless-economic-growth-unsustainable-for-planet-and-people\/","title":{"rendered":"Endless economic growth unsustainable for planet and people"},"content":{"rendered":"\n<div class=\"wp-block-cover alignfull is-light curved-bottom\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-0 has-background-dim\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"8000\" height=\"5336\" src=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash.jpg\" class=\"wp-block-cover__image-background wp-post-image\" alt=\"Canary Wharf from Greenwich, London\" data-object-fit=\"cover\" data-object-position=\"53% 28%\" style=\"object-position:53% 28%;\" srcset=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash.jpg 8000w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-300x200.jpg 300w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-1024x683.jpg 1024w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-768x512.jpg 768w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-1536x1025.jpg 1536w\" sizes=\"auto, (max-width: 8000px) 100vw, 8000px\" \/><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\"><h1 class=\"has-text-align-center wp-block-post-title\">Endless economic growth unsustainable for planet and people<\/h1><\/div><\/div>\n\n\n<div class=\"wp-block-post-date\"><time datetime=\"2024-09-12T07:46:57+01:00\">12 September 2024<\/time><\/div>\n\n\n<p class=\"lead\"><strong>As part of an upcoming project exploring alternative economic models, this article looks at how the current pursuit of endless economic growth drives environmental degradation and deepens social inequality. The traditional growth mindset prevails among our political classes but it is not working for planet or people<\/strong>.<\/p>\n\n\n\n<p>For many decades, we\u2019ve been told that economic growth is inherently good. An ongoing cycle of expansion that promises prosperity and wellbeing for all. The cornerstone for improving the prospects of the individual and society.&nbsp;&nbsp;<\/p>\n\n\n\n<p>But what if this mindset is a key driver of some of our most pressing environmental and social challenges? <a href=\"https:\/\/www.beyond-growth-2023.eu\/\" target=\"_blank\" rel=\"noreferrer noopener\">A growing number<\/a> are increasingly questioning the impact of endless economic growth and exploring alternatives to the status quo.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Population growth for more consumers&nbsp;<\/h2>\n\n\n\n<p>Population growth is an inherent ingredient of economic growth. More people not only create new consumers but also provide a solution to the economic challenges posed by <a href=\"https:\/\/populationmatters.org\/news\/2021\/10\/pm-report-exposes-the-ageing-myth\/\" target=\"_blank\" rel=\"noreferrer noopener\">ageing societies<\/a>. A larger population is seen as a source of younger workers who can support the older generation through taxes and social security contributions. But this pyramid scheme just kicks the can down the road at the expense of future generations.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"8000\" height=\"5336\" src=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash.jpg\" alt=\"Canary Wharf from Greenwich, London\" class=\"wp-image-14754\" srcset=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash.jpg 8000w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-300x200.jpg 300w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-1024x683.jpg 1024w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-768x512.jpg 768w, https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-1536x1025.jpg 1536w\" sizes=\"auto, (max-width: 8000px) 100vw, 8000px\" \/><\/figure>\n\n\n\n<p>This has also led to much scaremongering from politicians, journalists and influencers around the world. These people, who are trying to push for people to have more babies, are sometimes referred to as &#8220;pronatalists&#8221;. Recent headlines highlighting the practice have included, <a href=\"https:\/\/populationmatters.org\/news\/2024\/07\/false-alarm-britains-birth-rate-crisis\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cBritain has entered a birthrate crisis\u201d<\/a> and <a href=\"https:\/\/populationmatters.org\/news\/2024\/08\/progressives-should-steer-clear-of-pronatalism-trap\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cPopulation growth isn\u2019t a progressive issue. It should be.\u201d<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p>The upshot of this rhetoric often means that women lose their fundamental rights, like access to contraception and abortions. You can find examples of policies specific countries have introduced and why they&#8217;ve done so on our <a href=\"https:\/\/populationmatters.org\/gilead-watch-protect-womens-rights-from-pronatal-politicians\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gilead Watch page<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Endless Economic Growth While the Planet suffers<\/h2>\n\n\n\n<p>Like many countries around the world, 2024 is an election year here in the UK. And, as in almost every election, the economy has featured as one of the primary issues. The two main party leaders campaigned using a single word: \u201cgrowth\u201d. They promised to grow the economy, grow people\u2019s living standards and grow the amount of money in everyone\u2019s pocket.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>But one of the inevitable consequences of the pursuit of economic growth is environmental degradation. It relies upon the constant extraction and consumption of natural resources. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIt is not feasible to expect a finite planet to support infinite growth.&#8221;<\/p>\n<cite>Lily Cole, Actor and model<\/cite><\/blockquote>\n\n\n\n<p><a href=\"https:\/\/populationmatters.org\/news\/2024\/07\/planets-annual-budget-of-resources-used-up-in-just-7-months\/\" target=\"_blank\" rel=\"noreferrer noopener\">Earth Overshoot Day<\/a> landed on 1 August this year. This means that we used up all the planet\u2019s renewable resources for the year within seven months. In fact, we are demanding the equivalent of 1.7 earths of renewable resources.&nbsp;This is not sustainable, and we\u2019re facing the fallout &#8211; rising carbon emissions, deforestation, loss of biodiversity and polluted ecosystems. The impact of endless economic growth simply doesn\u2019t align with a world of finite resources.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Biodiversity and climate justice&nbsp;<\/h2>\n\n\n\n<p>Biodiversity loss is another stark example of this growth mindset in action. According to a 2019 <a href=\"https:\/\/www.ipbes.net\/ipbes-global-assessment-report-biodiversity-ecosystem-services\" target=\"_blank\" rel=\"noreferrer noopener\">Global Assessment Report<\/a>, The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services reported that one million species are threatened with extinction due to human activities. And WWF\u2019s latest <a href=\"https:\/\/www.worldwildlife.org\/publications\/living-planet-report-2020\" target=\"_blank\" rel=\"noreferrer noopener\">Living Planet Report<\/a> estimates that we have lost 68% of all vertebrate wildlife populations since 1970. In simple terms, we are sacrificing our planet&#8217;s long-term health for short-term economic gains.&nbsp;&nbsp;<\/p>\n\n\n\n<p>We must also consider climate justice. The countries least responsible for climate change are often the ones hardest hit by its impacts. According to the <a href=\"https:\/\/unfccc.int\/\" target=\"_blank\" rel=\"noreferrer noopener\">United Nations Framework Convention on Climate Change<\/a>, nations in Africa and South Asia are particularly vulnerable to climate-related disasters, even though they contribute little to global carbon emissions. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Growth without question<\/h2>\n\n\n\n<p>Historically, the pursuit of growth has been necessary. But today, we face a different set of challenges. Environmental crises and glaring global inequities demand that we rethink the primary goal of our economic systems.&nbsp;<\/p>\n\n\n\n<p>We must explore and engage with alternatives that prioritise sustainability, wellbeing and global justice over endless expansion. It\u2019s becoming increasingly clear that the impact of relentless economic growth, in its current form, is unsustainable for both the planet and the people who live on it. Population Matters will be looking at various alternative economic theories over the next 10 weeks, so please stay tuned.&nbsp;&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-popmat-share\"><a class=\"fb-share\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fpopulationmatters.org%2Fnews%2F2024%2F09%2Fendless-economic-growth-unsustainable-for-planet-and-people%2F\" target=\"_blank\" rel=\"noopener\"><div><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 32H48A48 48 0 0 0 0 80v352a48 48 0 0 0 48 48h137.25V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.27c-30.81 0-40.42 19.12-40.42 38.73V256h68.78l-11 71.69h-57.78V480H400a48 48 0 0 0 48-48V80a48 48 0 0 0-48-48z\"><\/path><\/svg> Share<\/div><\/a><a class=\"tw-share\" href=\"https:\/\/twitter.com\/share?url=https%3A%2F%2Fpopulationmatters.org%2Fnews%2F2024%2F09%2Fendless-economic-growth-unsustainable-for-planet-and-people%2F&amp;text=Endless%20economic%20growth%20unsustainable%20for%20planet%20and%20people\" target=\"_blank\" rel=\"noopener\"><div><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg> Tweet<\/div><\/a><a class=\"li-share\" href=\"https:\/\/www.linkedin.com\/shareArticle?url=https%3A%2F%2Fpopulationmatters.org%2Fnews%2F2024%2F09%2Fendless-economic-growth-unsustainable-for-planet-and-people%2F&amp;text=Endless%20economic%20growth%20unsustainable%20for%20planet%20and%20people\" target=\"_blank\" rel=\"noopener\"><div><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg> Post<\/div><\/a><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-light-blue-background-color has-background is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\">Related content<\/h2>\n\n\n\n<div class=\"wp-block-popmat-grid grid grid-3\">\n\t\t<div class=\"wp-block-popmat-post-teaser\">\n\t\t\t<a href=\"https:\/\/populationmatters.org\/news\/2021\/11\/welcome-to-gilead-how-population-fears-drive-womens-rights-abuses\/\">\n\t\t\t\t<h3>Welcome to Gilead: how population fears drive women&#8217;s rights abuses<\/h3>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"240\" src=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-768x240.jpg\" class=\"wp-image-2410\" srcset=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-768x240.jpg 768w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-300x94.jpg 300w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-1024x320.jpg 1024w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-1536x480.jpg 1536w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/Gilead-logo-banner_0-2048x640.jpg 2048w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/img>\n\t\t\t\t<p>Welcome to Gilead, Population Matters\u2019 latest report, expands on the connections between extreme pronatalism and reproductive rights restrictions through eight case studies: Iran, China, Turkey, Russia, Hungary, Poland, Germany, and&#8230;<\/p>\n\t\t\t<\/a>\n\t\t<\/div>\n\n\n\n\t\t<div class=\"wp-block-popmat-post-teaser\">\n\t\t\t<a href=\"https:\/\/populationmatters.org\/global-justice\/\">\n\t\t\t\t<h3>Global justice<\/h3>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"288\" src=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner-768x288.jpg\" class=\"wp-image-1642\" srcset=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner-768x288.jpg 768w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner-300x113.jpg 300w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner-1024x384.jpg 1024w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner-1536x576.jpg 1536w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/07\/GrandCentral_banner.jpg 1920w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/img>\n\t\t\t\t<p>The drivers of poverty and inequality include economic and political structures which favour those who are already wealthy. <\/p>\n\t\t\t<\/a>\n\t\t<\/div>\n\n\n\n\t\t<div class=\"wp-block-popmat-post-teaser\">\n\t\t\t<a href=\"https:\/\/populationmatters.org\/biodiversity\/\">\n\t\t\t\t<h3>Biodiversity<\/h3>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"413\" src=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-768x413.jpg\" class=\"wp-image-2180\" srcset=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-768x413.jpg 768w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-300x161.jpg 300w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-1024x551.jpg 1024w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-1536x826.jpg 1536w, https:\/\/populationmatters.org\/wp-content\/uploads\/2022\/08\/jenna-lee-122713-unsplash_crop-2048x1101.jpg 2048w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/img>\n\t\t\t\t<p>Nature is under pressure as never before. One million species are under the threat of extinction. Our human population is one of the drivers of the biodiversity crisis. Learn more. <\/p>\n\t\t\t<\/a>\n\t\t<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"As part of an upcoming project exploring alternative economic models, this article looks at how the current pursuit of endless economic growth drives environmental degradation and deepens social inequality. The traditional growth mindset prevails among our political classes, but it is not working for planet or people.","protected":false},"author":11,"featured_media":14754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[13,14,22],"class_list":["post-14752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-economics","tag-environment","tag-world_population"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Endless economic growth unsustainable for planet and people - Population Matters<\/title>\n<meta name=\"description\" content=\"Discover how the pursuit of endless economic growth harms the environment. 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The traditional growth mindset prevails among our political classes, but it is not working for planet or people.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/populationmatters.org\/news\/2024\/09\/endless-economic-growth-unsustainable-for-planet-and-people\/\" \/>\n<meta property=\"og:site_name\" content=\"Population Matters\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PopulationMatters\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-12T06:46:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T10:46:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/populationmatters.org\/wp-content\/uploads\/2024\/09\/fas-khan-zydtqCd0T3w-unsplash-1024x683.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ben Stallworthy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Endless economic growth unsustainable for planet and people\" \/>\n<meta name=\"twitter:description\" content=\"As part of an upcoming project exploring alternative economic models, this article looks at how the current pursuit of endless economic growth drives environmental degradation and deepens social inequality. 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