“Just as Bill Murray’s character could not escape Groundhog Day without radically changing his life, we cannot expect different economic outcomes without fundamentally different growth models.”

Source: www.project-syndicate.org

Good article by Ashoka Mody in Project Syndicate, criticising the belief that the global economy can return to the growth model of the past. Yet, Mody still thinks a new growth model is conceivable. What if we have moved into the post-growth era? Then we do not need a new growth model but a new model to share prosperity in a world with planetary and social limits.

See on Scoop.itThe Great Transition