"Economic Growth" is a mythology that is perpetuated
by elites in a corporate "globalizing"
capitalistocracy. This mythology is designed by these
elites in order to perpetuate their insatiable pursuit
of 'commercial profit', status, and power. The
pursuit of this mythology creates an exploitation
context which is destroying human quality-of-survival.
Exploitation in capitalism manifests in the form of
worsening disparities; and oppression designed to
facilitate the insatiable pursuit of 'commercial
profit', status, and power among elites. Exploitation
also manifests in the form of the systematized
pillaging and destruction of vital ecosystems, which
human beings depend upon for their
quality-of-survival.
"Economic Growth" is a mythology because it is
presented from dissembled data. This data often
includes uses of so-called "Leading Economic
Indicators", along with the Gross Domestic Product
(GDP), which totally ignores the social and
environmental costs of greed-driven commercially
short-sighted exploitation.
Large corporations generate large commercial profits
by unethically passing-off social and environmental
costs onto the diverse public. This includes
worsening sicknesses and diseases which create an
added burden on the public healthcare system; and the
use of sweatshops where basically slave labour in
so-called "Third World" countries are often paid
pennies per hour in horrendous, and often
life-threatening working conditions.
If economic data appropriately integrated social and
environmental costs, such adjusted 'economic
indicators' would reveal a consistent pattern of
worsening decline in the quality-of-living, by
countries which have misleadingly claimed "growth".
Vital human quality-of-survival relies on the timely
needed replacement of capitalism with a rejuvenated
economic system. Such an economic system must
definitely not be "communist" or "socialist". These
systems are just forms of "state capitalism", as
opposed to correspondent context of "market"
capitalism.
The prevailing American-led global "market
capitalism", and the "state capitalism"-orientation of
"socialist" and "communist" societies are essentially
corrupt economic systems. These corrupt economic
systems, are oriented around the self-aggrandizement
of elites as "owners of capital", which has created a
profound path of social injustice and environmental
destruction.
The United States, China, Russia, Japan, and the
European Union as "Leading Economic Powers" -- along
with those countries which seek to pursue a
corresponding dysfunctional capitalistocractic model
of "progress" under "Corporate Globalization" -- are
inflicting horrendous and profound damage to their
societies, and our planet Earth in general.
The affirmation of human quality of survival relies on
the creation of a rejuvenated people-oriented economic
system. Such a people oriented domestic and
international political economy, would embrace human
rights, social justice, and environmental protection,
which safeguards against destructive exploitation. |