For a capitalist economy to be considered healthy, it always has to be growing.
More more more.
Even a hedonist like me has to acknowledge that the doctrine of “more more more” is not only a bizarre way to measure success, it’s also unsustainable on a personal level.
Capitalist economies need to grow, but we don’t really need more resources or things just because the calendar flipped over.
The reality is that capitalism (not mercantilism) without proper social investment is the most tantalizing of races to the bottom. Nations like Norway are a perfect example of ways to use economies as a springboard for education, infrastructure, and better systems, not just higher GDP.
I’m not ragging on commerce, but I am saying that our system relies on our merciless consumption.
What’s good for America’s economy is not necessarily good for us or our families, and that disconnect is more evident now than ever.
GDP means nothing to our households or communities.
And more doesn’t mean more if we’re being real about what we need. It means too much.