Where Does the Compulsion to Grow Come from?

There has been much writing here, in this blog, about the limits to economic growth – both ecological and social. It is not yet consensus that growth is a “bad thing” but there are many proponents of this stance and the debate has been going for some 40 years already. However, capitalist economies have been growing all the time – and if they didn’t, in times of crisis, they struggled terribly. The consequence mostly was unemployment and other unpleasant effects. This leads to the speculation that the current economic system is dependent on growth. There are numerous sources for this dependency. In the following post I would like to present one simple but deeply compelling explanation for where the compulsion to grow comes from. Continue reading