Turning Point

End of the Growth Paradigm

By: Robert Ayres

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eText | 18 March 2014 | Edition Number 1

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This text discusses the current basis of economic growth, concluding that it is is failing to deliver, and is actually harming our prospects for future security. Further arguments propose a possible long-term strategy for economic revival - eco-restructuring. This strategy involves a shifting away from production of goods to production of services, closing material cycles and eliminating reliance on non-renewable resources.