TAG: Modern economy

We Can’t Go On Like This

over-spending

In the face of rising debt levels and environmental degradation, many writers now argue that economic progress (as we currently know it) is destined for collapse. They claim that it is – by its nature – doomed. This is shocking news for people who live to shop or who view television as the panacea to unhappiness. Is it possible that the over-spending, over-consuming, credit-card lifestyle of our contemporary age is on a trajectory to oblivion? Despite threatening the ecosystems upon which it depends, the overblown expression of human self-interest known as economic development (aka modern wealth) perpetuates a vision for… read more