Zero growth
From Wikipedia, the free encyclopedia
 |
This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2012) |
 |
This article needs attention from an expert on the subject. See the talk page for details. WikiProject Economics or the Economics Portal may be able to help recruit an expert. (August 2011) |
Zero growth is a theory that all economic activities and policies should be oriented towards achieving a state of equilibrium, a steady state economy.
The theory asserts that the continuous growth model is inherently unstable resulting in a "boom/bust" cycle, and that continuous growth in the context of finite resources is unlikely to support current levels of prosperity indefinitely.
Proponents of this theory also explicitly challenge the popular equation of economic growth with progress and posit that sustainability has inherent value.
