Excerpt from New York Times Dot Earth: Nine Billon People. One Planet, 31 August 2009
'Following the Nobel laureate Kenneth Arrow, Herman Daly has responded to my query about whether there is an upside to the recent consumption slowdown, and to the broader question of whether humans can or should shift from their current growth-focused economic norms to a new definition of progress. Does he see a viable real-world path to his “steady state” vision of the economy?
...[former World Bank economist Herman Daly] When we “grow up” the first thing to do is to stop further growth, to become a mature steady state in physical dimensions, and then concentrate on qualitative development and maintenance: knowledge, wisdom, justice, the noosphere, etc. Arrested development in the adolescent growth phase leads to giantism, obesity, overpopulation, resource wars, and massive die-offs."'
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