Two thoughts … and I quote …
"Investment follows the path of least resistance and potential success"
It just might be true that some investors seek higher returns and therefore seek riskier investments, perhaps not always the most successful. I believe the recent financial crisis bares this out extraordinarily well as many people sought higher returns in lieu of the higher risk associated with those investments. Or another example, those that engage in black market activities.
"Our society is conditioned to believe that growth is necessary for survival. This is not true."
I will assume you are discussing the economy here, as I think any mother with child would demonstrate the desire for growth of the off-spring. She may even say, thank goodness for the continuous growth. I know I am. But as for the economy … from a rudimentary point of view I may accept that idea provided I started out my employment history making a decent living wage, never having to adjust for inflation or the likes. Otherwise, I have come to require a continued growth, expansion of sorts. I wonder, many might assume economics as a zero sum game, perhaps more so when the earth is included, but I wonder. I always thought first world nations generally incur a population decrease, an increase in standard of living and an increase in environmental standards. Though we may have a long way to go, isn’t this a recipe for growth. sorry, success?
I suppose my inquiry rests in the underlining assumptions and beliefs I attempt to ascertain concerning our actions while we are on this wonderful orb? Sustainable de-growth seems to confuse me somewhat.
