Published on Monday, February 25, 2013 by Common Dreams
The World Economic Forum held its annual meeting in Davos, Switzerland last month. The official theme was “Resilient Dynamism,” a catchphrase that makes about as much sense as the futureless economic policies trotted out at the meeting.
The popular solution to these problems is sustained economic growth. In fact, the first item of the Davos meeting’s global agenda was “how to get the global economy back on to a path of stable growth and higher employment”.
It’s tempting to believe this economic fairy tale. But if growth is the cure to all of our ills, why are we in such a bind after sixty years of it?
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