Constant economic growth, constantly supported even when unhealthy, is the unquestioned goal of both major parties. Few stop to ask about the ill effects of growth or the merits of maintaining good conditions when we get them (did we really get improvement when that store moved to the margins of town leaving a hulking building downtown?). The unhealthy side effects of constant growth have become the elephant (and the donkey) in the living room–the unasked question for both Republicans and Democrats.
A shorter version of this essay was published as “An Economy That Grows Anger,” in the Huffington Post, September 24, 2016, http://www.huffingtonpost.com/paul-j-croce/an-economy-that-grows-ang_b_12173172.html
Scroll down to see a revised version of this essay, expanded with more economic data and historical examples, and published as “Both Parties Back Economic Growth–But Are They Wrong?” in History News Network, October 2, 2016, http://historynewsnetwork.org/article/163991.
In this election, we’ve got a well-informed Democrat defending a crazy system and a crazy-sounding Republican brashly calling for undisclosed changes. Consider the sources of the craziness—consider an economy that can’t stay healthy with constant growth. In medicine, that’s called cancer…. Continue reading….