0fe2520046f86fa80b8b9803_pa3299c.jpg Paul Lachine

How Much is Enough?

In 1930, John Maynard Keynes predicted that in 100 years – that is, by 2030 – growth in the developed world would, in effect, have stopped, because people would “have enough” to lead the “good life.” Instead, the accumulation of wealth, which should be a means to the “good life,” has become an end in itself because it destroys many of the things that make life worth living.

LONDON – The economic downturn has produced an explosion of popular anger against bankers’ “greed” and their “obscene” bonuses. This has accompanied a wider critique of “growthmanship” – the pursuit of economic growth or the accumulation of wealth at all costs, regardless of the damage it may do to the earth’s environment or to shared values.

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