Economists argue growth-focused economics is failing and propose a well-being alternative

Summary

The article argues that the current economic model centered on endless growth is failing, as it simultaneously drives extreme inequality and environmental destruction. The authors, led by Olivier De Schutter, propose an alternative economic roadmap focused on well-being, sustainability, and redistribution rather than GDP growth. They call on political leaders to adopt this new approach to address the interconnected crises of poverty, inequality, and climate breakdown.