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Июнь
2024

Europe’s quest for sustainable growth

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Too often, more growth means more natural resources are used up, more waste is produced, more vulnerable workers have to work in precarious conditions, and almost all of us must tolerate pressure to work harder for longer. Photo: Shutterstock.com

Europe has long embraced the globalised capitalist economic model. Economists and politicians tell us that the economy’s health is measured by how much it grows.When we experience two consecutive quarters without economic growth, we are told we are in a recession and must pull up our socks and work even harder. We need to ask...