Well here's the sticking point isn't it.  Will someone please tell me how to "increase economic growth" without further drawdown of limited resources...? I think an element of any New Left manifesto should be how to manage a sustainable steady-state economy, as opposed to buying into the Infinite Growth mythology.

The only way an economy can grow in a world of limited physical resources is to boom and then bust, to undergo a series of traumatic "game over, reset" moments when much is destroyed (value, physical property, life etc) in order to clear the ground for another growth phase.  The real trick is how to model a human economy on a living ecosystem, so that it runs more or less in balance without either dwindling and dying out, or burgeoning excessively and exhausting its nutrients and waste sinks.


The difference between theory and practise in practise ...