"Implied in what has just been said is a recognition of the dangers of 'growth' as an unexamined good. Growth out of poverty, growth towards a degree of intelligent control of one's circumstances, growth towards maturity of perception and sympathy – all these are manifestly good and ethically serious goals, and, as has already been suggested, there are ways of conducting our economic business that could honour and promote these. A goal of growth simply as an indefinite expansion of purchasing power is either vacuous or malign – malign to the extent that it inevitably implies the diminution of the capacity of others in a world of limited resource. Remember the significance of scarcity and vulnerability in shaping a sense of what ethical behaviour looks like."
- Rowan Williams, Ethics, Economics and Global Justice.I offered some reflections of my own on the dangers of pointless growth back here. Not all economic growth is pointless. Stupid poverty remains stupid. But there is such a thing as stupid wealth, and that is a far more relevant issue for most of us.