Wednesday, July 9, 2014

Get over the growth fetish

Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means.
Add to this the ecological cost of mining materials and using energy for the construction. And when the owners of the building decide it is more profitable to employ machines instead of people, you’ll have net loss of livelihoods.
India’s growth story is, of course, not as caricaturish, but it is not far off. Despite many years of a cracking pace of growth, net increase in employment in the formal sector has been insignificant in the last two decades. READ MORE - CLIC HERE-
 

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