Prospects for a World of Declining GDP

| July 31, 2020 | Leave a Comment

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Publication Info: First published in DIE ZEIT (in German)

Date of Publication: July 10

Year of Publication: 2020

Publisher: Club of Rome

Author(s): Dennis Meadows

Our human species has lived on this earth for about 15,000 generations. Until 1750 there was essentially no growth in GDP per person. For 300,000 years average people experienced no overall improvement in welfare during their lifetimes. Only during the past 15 generations, a mere 0.001% of humanity’s existence on earth, has it become accepted and expected that life for all should continuously and rapidly improve.

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