The Curse of Economic Growth

The Curse of Economic Growth refers to the paradox where increased economic development can lead to negative outcomes, such as environmental degradation, social inequality, and depletion of natural resources. As countries grow wealthier, they often consume more, which can harm ecosystems and reduce quality of life for vulnerable populations. While growth can bring prosperity, it may also create long-term challenges that threaten sustainable well-being. Essentially, unchecked economic expansion can generate problems that outweigh its benefits, highlighting the need for balanced development strategies that prioritize environmental health and social equity.