“Economic growth is over”

Here’s a fact that’s hard for most Americans to swallow: economic growth is over. Given the finite nature of our planet and its resources, the recent trend of global economic expansion was destined to end. No stimulus package or slashing of social programs is going to flip the economy back to an expansionary trajectory. We’ve hit the proverbial wall, and this will be the defining reality of our lives from now on.

Richard Heinberg in “MEMO TO THE #OCCUPY MOVEMENT (A Post Growth Economy)”  (via cultureofresistance)

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