If growth were to be abandoned as an objective of policy,’ wrote the economist Wilfred Beckerman in 1974, ‘democracy too would have to be abandoned .… - Kate Raworth
" "If growth were to be abandoned as an objective of policy,’ wrote the economist Wilfred Beckerman in 1974, ‘democracy too would have to be abandoned . . . the costs of deliberate non-growth, in terms of the political and social transformation that would be required in society, are astronomical.’26 Beckerman’s influential book In Defense of Economic Growth was a scathing response to the Club of Rome’s Limits to Growth report and it became an instant pro-growth classic.
About Kate Raworth
Kate Raworth (1970-) is an English economist, known for her 'doughnut economics' model balancing between essential human needs and planetary boundaries.
Biography information from Wikiquote
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Additional quotes by Kate Raworth
Despite their current rhetoric of ‘free trade’, when it comes to trade negotiations almost all of today’s high-income countries — including the UK and the United States — took the opposite route to ensure their own industrial success, opting for tariff protection, industrial subsidies and state-owned enterprises when it was nationally advantageous. And today they still keep tight control over their key traded assets such as intellectual property.
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