The growth illussion : how economic growth has enriched the few, impoverished the many, and endangered the planet

Richard Douthwaite argues that strategies used by governments to raise national income often increase poverty and unemployment. Moreover, in the USA, Britain, Germany and Austraila, each increase in national income consumes more resources than it creates on a sustainable basis. The Growth Illusion exposes the real nature of undirected economic growth, and refutes Adam Smith's belief in the 'invisible hand' ensuring that self-interest would serve the common good.