Growth and its Tradeoffs
Daniel Susskind’s 2024 book Growth: A Reckoning has received some enthusiastic reviews. Kate Barker described it as “an excellent book, developing a clear argument and not afraid to look really big questions squarely in the eye” (Barker 2024). Susskind is a professor at King’s College, London, and Robert Bellafiore Jn. wrote that his book “considers the debates over growth’s causes, its recent elevation as a priority for governments, policies for promoting it, and rising concerns about its downsides” describing the work as “a concise and informative study of the idea, its past, and its potential future” (Bellafiore, 2024). Alexander Bishop wrote at greater length in his article “Why not degrowth?” He noted that for Susskind growth “is a recent development. For most of the world’s history, from when humans started farming until roughly 1800, there was no meaningful growth. This is the period that Susskind calls “the great stagnation”. It is only since the industrial revoluti...