A new interview published on Friday in Bændablaðið warns that the world’s economic model, centred on growth, has played a significant role in the climate crisis. The interview warns that focusing too narrowly on simple economic metrics can be dangerous for society and the planet.
According to the interview, the prevailing growth-driven economic framework has led to the overconsumption of finite resources. It links this approach to broader environmental problems, arguing that the continued pursuit of economic growth has had direct and adverse effects on the environment.
The interview says economists often assume that when some raw materials run out, substitutes or new solutions will emerge, though the Bændablaðið transcript was truncated and the argument was not fully elaborated.
Sources
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- Bændablaðið (first reported) in Icelandic
