Sustainability, growth, degrowth and debt-based money  In a
previous article (The (un?) sustainability of growth) I had
concluded that "sustainable growth" is a contradiction in terms.
The argument, very succinctly, went as follows:  1) Growth is
defined as the increase of the GDP (Gross Domestic Product) of a
given country or economic zone (or as Arthur Lewis put it "the
growth of output per head of population").  2) GDP reflects the
products made (and consumed) and services rendered (and
consumed) within that zone, therefore it also reflects the
resources consumed during the production process; raw materials,
energy, clean air, clean water etc.  3) Resources are neither
infinite within our ecosystem, nor entirely renewable within our
timescale, even allowing for partial recycling and partial use
of renewable energy sources (and discounting space travel!).
So, 1+2+3 lead us to conclude that overall production and
consumption cannot continue to increase in output indefinitely.
So neither can the GDP, hence,