A Defense of Unbounded (but Not Unlimited) Economic Growth: The Ethics of Creating Wealth and Reducing Poverty

THIS ESSAY MAKES AN ETHICAL CASE FOR UNBOUNDED BUT NOT UNLIMited economic growth. The preliminary case for such growth is its correlation with significant reductions in global poverty and the wealth that is created by economic growth. The essay then seeks to show that opposition to growth often rest...

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Bibliographic Details
Main Author: Pettit, Joe (Author)
Format: Electronic Article
Language:English
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Published: Philosophy Documentation Center 2010
In: Journal of the Society of Christian Ethics
Year: 2010, Volume: 30, Issue: 1, Pages: 183-204
Online Access: Volltext (JSTOR)
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Summary:THIS ESSAY MAKES AN ETHICAL CASE FOR UNBOUNDED BUT NOT UNLIMited economic growth. The preliminary case for such growth is its correlation with significant reductions in global poverty and the wealth that is created by economic growth. The essay then seeks to show that opposition to growth often rests on controversial assumptions about the nature of markets and productivity. I challenge these assumptions by presenting two important developments in economic theory: new growth theory, especially as related to the work of economist Paul Romer, and evolutionary economics, a trajectory that has evolved into
ISSN:2326-2176
Contains:Enthalten in: Society of Christian Ethics, Journal of the Society of Christian Ethics
Persistent identifiers:DOI: 10.5840/jsce201030137