The Mismeasure of Progress
Economic Growth and Its Critics
9780226736303
9780226736440
The Mismeasure of Progress
Economic Growth and Its Critics
Few ideas in the past century have had wider financial, political, and governmental impact than that of economic growth. The common belief that endless economic growth, as measured by Gross Domestic Product, is not only possible but actually essential for the flourishing of civilization remains a powerful policy goal and aspiration for many. In The Mismeasure of Progress, Stephen J. Macekura exposes a historical road not taken, illuminating the stories of the activists, intellectuals, and other leaders who long argued that GDP growth was not all it was cracked up to be.
Beginning with the rise of the growth paradigm in the 1940s and 1950s and continuing through the present day, The Mismeasure of Progress is the first book on the myriad thinkers who argued against growth and the conventional way progress had been measured and defined. For growth critics, questioning the meaning and measurement of growth was a necessary first step to creating a more just, equal, and sustainable world. These critics argued that focusing on growth alone would not resolve social, political, and environmental problems, and they put forth alternate methods for defining and measuring human progress.
In today’s global political scene—marked by vast inequalities of power and wealth and made even more fraught by a global climate emergency—the ideas presented by these earlier critics of growth resonate more loudly than ever. Economic growth appealed to many political leaders because it allowed them to avoid addressing political trade-offs and class conflict. It sustained the fiction that humans are somehow separate from nonhuman “nature,” ignoring the intimate and dense connections between the two. In order to create a truly just and equitable society, Macekura argues, we need a clear understanding of our collective needs beyond growth and more holistic definitions of progress that transcend economic metrics like GDP.
Beginning with the rise of the growth paradigm in the 1940s and 1950s and continuing through the present day, The Mismeasure of Progress is the first book on the myriad thinkers who argued against growth and the conventional way progress had been measured and defined. For growth critics, questioning the meaning and measurement of growth was a necessary first step to creating a more just, equal, and sustainable world. These critics argued that focusing on growth alone would not resolve social, political, and environmental problems, and they put forth alternate methods for defining and measuring human progress.
In today’s global political scene—marked by vast inequalities of power and wealth and made even more fraught by a global climate emergency—the ideas presented by these earlier critics of growth resonate more loudly than ever. Economic growth appealed to many political leaders because it allowed them to avoid addressing political trade-offs and class conflict. It sustained the fiction that humans are somehow separate from nonhuman “nature,” ignoring the intimate and dense connections between the two. In order to create a truly just and equitable society, Macekura argues, we need a clear understanding of our collective needs beyond growth and more holistic definitions of progress that transcend economic metrics like GDP.
320 pages | 7 halftones | 6 x 9 | © 2020
Economics and Business: Economics--Development, Growth, Planning, Economics--History
History: General History, History of Ideas
Reviews
Table of Contents
Introduction: The Meaning and Measurement of Economic Growth
1 Standard of Living, GNP, and the Narrowing of National Statistics
2 Decolonization and the Limits of Economic Measurement
3 The Growth Critics
4 The Growth Paradigm in Crisis
5 The Search for Alternatives
6 Revival and Debate at the End of the Twentieth Century
Conclusion: History, Narrative, and Contemporary Growth Critics
Acknowledgments
Notes
Bibliography
Index
1 Standard of Living, GNP, and the Narrowing of National Statistics
2 Decolonization and the Limits of Economic Measurement
3 The Growth Critics
4 The Growth Paradigm in Crisis
5 The Search for Alternatives
6 Revival and Debate at the End of the Twentieth Century
Conclusion: History, Narrative, and Contemporary Growth Critics
Acknowledgments
Notes
Bibliography
Index
Be the first to know
Get the latest updates on new releases, special offers, and media highlights when you subscribe to our email lists!