No compound growth is sustainable

Written by Jeremy Grantham

The fact is that no compound growth is sustainable.  If we maintain our desperate focus on growth we will run out of everything.  We must substitute qualitative growth for quantitative growth....From now on, price pressure and shortages of resources will be a permanent feature of our lives.  This will increasingly slow down the growth rate of the developed and developing world.

Jeremy Grantham, cited in America the Possible by James Gustav Speth, p.52

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