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References (7)
-
K. Boulding (1966)
The Economics of the Coming Spaceship Earth -
Don Whitington (1970)
The Effluent Society -
H. C. Coombs (1970)
The Fragile Pattern -
Rene Dubos (1970)
So Human an Animal -
Derek Whitelock (1971)
A Dirty Story -
(1970)
Toward Balanced Growth: Quantity with Quality -
(1971)
Behind the Energy Crisis, 36
- Publisher
- Wiley
- Copyright
- © Australian Social Policy Association
- eISSN
- 1839-4655
- DOI
- 10.1002/j.1839-4655.1972.tb00478.x
- Publisher site
- See Article on Publisher Site
Abstract
Gross National Product (GNP) is generally considered to be a measure of living standards. It is maintained in this paper that such a profound misunderstanding of a technical economic concept, which in fact measures productivity and not welfare, is leading to an uncritical pursuit of rising industrial output. It is now recognized that the ‘second‐order consequences’ of industrial output may lead to global environmental pollution, of which thermal pollution may be the most ominous. It is concluded, that, for the sake of posterity, we need a rapid transition from a ‘cowboy economy’ to a ‘spaceman economy’.
Journal
Australian Journal of Social Issues – Wiley
Published: Mar 1, 1972