Strategies used by governments to raise national income often increase poverty & unemployment. Moreover, in the USA, Britain, Germany & Australia, each increase in national income consumes more resources than it creates on a sustainable basis. In other words these economies are running backwards & making their citizens worse off.
The Growth Illusion explores this phenomenon, asking fundamental questions along the way about economics & the society in which we live. Informal, highly readable, & even darkly humorous, the book is filled with interesting stories & information. Equally important, it points the way forward to how the capitalist system can be redirected to fulfil society`s hoes by restructuring economies to be based on local, rather than global imperatives. It will be of interest to all seeking solutions for the 21st century.