This interview is about our current economic problems and why they will be with us for a long time. The discussion is about the financialization of the economy and its implications. It is also about consumerism which has been the fuel for growth, but which has depended upon debt that is now being deleveraged. Economic growth and consumerism have been decoupled in the process and it will take a long time for this economic problem to be resolved.
The article provides an interesting analysis of our problems, and it offers a glimpse of some resolutions to our dilemma which will not be easy to realize. It also has lots of interesting quotes. I particularly liked this one: "Growth for the sake of growth is the ideology of the cancer cell". That is a succinct definition of cancer, and it is also a good description of an economic system that does not have the means to limit growth. Limiting the ability to grow would destroy the cell.
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