Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.
Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth, profit growth, asset growth, but all of this probably will not happen without personal growth.
Countries with higher incomes on average achieve better human development. I do not believe that growth alone will 'cure' poverty. But I do believe that growth is necessary.
My dream is for Malawi to be poverty-free, and I intend to eradicate poverty through economic growth and wealth creation.
A combination of very rapid population growth over the last 50 years and reckless economic growth during the same time has stored up massive problems for societies the world over. No nation is immune. The scientific evidence tells us all we need to know: carry on with business-as-usual growth-at-all-costs, and we're stuffed
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases.
Growth, growth, growth -- that's all we've known . . . World automobile production is doubling every 10 years; human population growth is like nothing that has happened in all of geologic history. The world will only tolerate so many doublings of anything -- whether it's power plants or grasshoppers.
We need to create jobs for 300,000 youth graduating from high school in the next three years. We need to produce growth so we can have an economic system that can turn our natural wealth into a productive system. We need services, because poverty reduction cannot take place without effective citizenship.
Economic growth is the aggregate effect of the quest to accumulate capital and extract profit. Capitalism collapses without growth, yet perpetual growth on a finite planet leads inexorably to environmental calamity.
Our principal constraints are cultural. During the last two centuries we have known nothing but exponential growth and in parallel we have evolved what amounts to an exponential-growth culture, a culture so heavily dependent upon the continuance of exponential growth for its stability that it is incapable of reckoning with problems of non-growth.
There is a need for more economic growth, for more job growth. But there is a need in some people for them to recognize that they have a role in making these problems better. And we can't - we can't ignore that.
Without productivity gains, any growth in GDP is exactly offset by population growth, and the average income stays the same.
We need economic growth, yes, but growth can be jobless, so a sustainable development framework for employment must include a job creation strategy.
The in-love experience does not focus on our own growth or on the growth and development of the other person. Rather, it gives us the sense that we have arrived and that we do not need further growth.
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.
We need to have strong growth, fair growth, sustained growth.
The combination of population growth and the growth in consumption is a danger that we are not prepared for and something we will need global co-operation on.