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The Growth Imperative

Author

Listed:
  • Robin Hahnel

    (Professor Emeritus American University, Visiting Professor Portland State University, Portland, OR, USA)

Abstract

There are compelling reasons to believe there is an unhealthy growth imperative inherent in private enterprise market systems that threatens the environment. Unfortunately, many who criticize a dysfunctional growth imperative fail to make a compelling case. This article argues that too often ecological and Marxist economists fail to answer crucial parts of skeptics’ arguments and instead assume their conclusions, and offers an alternative defense of the unhealthy growth imperative hypothesis based on perverse incentives, institutional biases, and endogenous preference formation.JEL codes: 044, 030, 013

Suggested Citation

  • Robin Hahnel, 2013. "The Growth Imperative," Review of Radical Political Economics, Union for Radical Political Economics, vol. 45(1), pages 24-41, March.
    • Handle: RePEc:sae:reorpe:v:45:y:2013:i:1:p:24-41
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