Explain the Four Basic Points of the Anti-Growth Argument

Question

Examlex · Accepted Answer

The Answer is First, they argue that any measure of output measures only the value of things exchanged in the market. Second, they argue that growth occurs because wants are created. This relegates consumers to the status of servants rather than the masters of the economy. Third, they assert that resources are finite and that we should plan for the future when growth will be impossible. Lastly, they state that growth requires that income be distributed unfairly.

Explain the Four Basic Points of the Anti-Growth Argument

Definitions: