We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way

In the face of deepening inequalities and global ecological disaster, leading experts agree that growth has failed to eradicate poverty or to promote wellbeing. They confirm that poverty is not inevitable. Rather, it is manufactured.

Yet another way is possible. The Roadmap for Eradicating Poverty, co-developed by more than 400 contributors across academia, the UN system, trade unions, grassroots movements, and civil society, offers 80 concrete policy measures to transform the global economy to ensure human and ecological wellbeing by design.

https://www.theguardian.com/commentisfree/2026/jun/10/economists-maths-growth-doomed-strategy-un-agencies-political-leadershttps://www.theguardian.com/commentisfree/2026/jun/10/economists-maths-growth-doomed-strategy-un-agencies-political-leaders

Why is the “…world is failing to grasp the extent of threats posed by biodiversity loss and the climate crisis?” This is no simple question and the answer is complicated. One part of the answer for me comes from a book I read years ago entitled Amusing Ourselves to Death by Neil Postman. If you haven’t yet read this book, you might want to consider it.

Excerpts from this newly published report: “Environmental deterioration is infinitely more threatening to civilisation than Trumpism or Covid-19…” and “Dealing with the enormity of the problem requires far-reaching changes to global capitalism, education and equality…”

System Error

Infinite economic growth flies in the face of real limits that exist in the Earth’s biosphere. Excessive loading of carbon into the atmosphere has disrupted the earth’s natural carbon cycle and has changed our weather patterns that were stable before the industrial revolution. Our monoculture and corresponding destruction of diversity has led to a global pandemic that is threatening to bring down civilization as we know it. These phenomena are integrally linked to humanity’s obsession with growth. Time for de-growth!