Sir, – I refer to an article by Chris Johns (Business, February 28th), expressing a great need for "growth" in Europe.
Growth! The elusive elixir of economic recovery. Continual increasing economic production? It was always wanted in the past to bridge the shortfall between what could be produced and what was needed. Not any more, however.
The 21st century has ability to produce everything in abundance; to overproduce on a gross scale, if not restrained. In such a situation economic “growth” as known through history is unnecessary and impossible. Economics of “growth” are overtaken by economics of “sufficiency” or enough. We must learn to survive and prosper without the big G. – Yours, etc,
PADRAIC NEARY,
READ MORE
Tubbercurry, Co Sligo.