A Wellesley economics professor and a National Labor Caucus member debated the economics implications of zero population growth last night at MIT.
"Today, progress is the opiate of the people," Marshall Goldman, a professor of Economics at Wellesley College, said.
"The way things are going, we promise progress to everybody, but the planet just can't take it," he added.
No Solution
Goldman said that there is "no solution" to the current problems posed by the rapidly increasing world economic growth, a growth which counts "only what companies are producing, not what they're destroying."
In his rebuttal, Paul Gallagher, a member of the National Caucus of Labor Committees, termed zero growth "a form of radical pessimism around which bourgeois thinkers are grouping."
"The widespread acceptance of zero growth springs from the widespread depression and demoralization of capitalist society," he added.
Read more in News
Masters Meet On House PollRecommended Articles
-
The Politics of EconomicsRecently, a friend told me about a conversation she had with two classmates of hers in Wealth and Poverty in
-
ECONOMICS DEPARTMENT SHOWS MARKED GROWTHOf the Economics Department. The outstanding facts about the Department of Economics are that it is of comparatively recent origin,
-
No HeadlineMrs. Mary Roberts Smith who was an instructor in history at Wellesley a few years ago, has just been appointed
-
Economics Expert, Head of Russian Center DiesAbram Bergson, an acclaimed economist who put aside plans to become a professional artist and went on to revolutionize the
-
Harvard Defies National Administrative Growth TrendHarvard has defied a trend of administrative bloat experienced among U.S. private research institutions from 2000 to 2012, which have seen on average a 24 percent decrease in the ratio of full time faculty and staff to administrators, a new report shows.
-
Kopp Discusses TFA's Recruitment Methods
