Prosperity without Growth?

The transition to a sustainable economy

Every society clings to a myth by which it lives. Ours
is the myth of economic growth. For the last five
decades the pursuit of growth has been the single
most important policy goal across the world. The
global economy is almost five times the size it was
half a century ago. If it continues to grow at the
same rate the economy will be 80 times that size
by the year 2100.

This extraordinary ramping up of global economic
activity has no historical precedent. It

For the most part, we avoid the stark reality
of these numbers. The default assumption is that