On the value of economic growth

Politics, Philosophy and Economics 19 (2):128-153 (2020)
  Copy   BIBTEX

Abstract

Must a society aim indefinitely for continued economic growth? Proponents of economic growth advance three central challenges to the idea that a society, having attained high levels of income and wealth, may justly cease to pursue further economic growth: if environmentally sustainable and the gains fairly distributed, first, continued economic growth could make everyone within a society and globally, and especially the worst off, progressively better off; second, the pursuit of economic growth spurs ongoing innovation, which enhances people’s opportunities and protects a society against future risks; and third, continued economic growth fosters attitudes of openness, tolerance, and generosity, which are essential to the functioning of a liberal democratic society. This article grants these challenges’ normative foundations, to show that, even if one accepts their underlying premises as requirements of justice, a society may still justly cease to aim for economic growth, so long as it continues to aim for and realize gains on other dimensions. I argue that, while continued economic growth might instrumentally serve valuable ends, it is not necessary for their realization, as a society can achieve these ends through other means.

Other Versions

No versions found

Links

PhilArchive

    This entry is not archived by us. If you are the author and have permission from the publisher, we recommend that you archive it. Many publishers automatically grant permission to authors to archive pre-prints. By uploading a copy of your work, you will enable us to better index it, making it easier to find.

    Upload a copy of this work     Papers currently archived: 106,168

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Analytics

Added to PP
2019-11-29

Downloads
149 (#160,293)

6 months
29 (#124,071)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Julie L. Rose
Dartmouth College

References found in this work

A Theory of Justice: Revised Edition.John Rawls - 1999 - Harvard University Press.
Justice as fairness: a restatement.John Rawls (ed.) - 2001 - Cambridge: Harvard University Press.
The law of peoples.John Rawls - 1999 - Cambridge: Harvard University Press. Edited by John Rawls.

View all 57 references / Add more references