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A generation of ecologists, demographers, and a few unorthodox economists, however, have together built the case that growth is not the solution – it is part of the problem, and a core component of an economic model that needs to be changed.
Essentially, they all argue that we need to de-link the connection in our economic and financial system between prosperity and the GDP growth, and achieve a sustainable economy (also called a ‘steady state’ system). But though the idea has been bandied about for decades, the system remains unchanged.