You Are Browsing ' Odious Debts ' Category

By lucas@endneoliberalism On 4 Jun, 2017 At 08:10 PM | Categorized As Odious Debts | With 0 Comments

Economic growth is a delusion under a Linear Economy. In just half a century, we have depleted the world’s oil, water, rain-forests, fisheries, and every kind of resource that sustains our consumer-centered lifestyle. Global GDP skyrocketed from $1.34 trillion to $60.6 trillion in only four decades; GDP, however, accounts for each and every economic transaction, [...]