Why Might Economic Growth Not Always Be A Good Thing? :: Economics

Why Might Economic Growth Not Always Be A Good Thing?When a country undertakes the scrap of economic gravelth, it does itfor a number of reasons, but possibly the most important of these isto avenge its population. At the end of the Second World War, SouthKorea wanted to grow economically in order to escape theirpredominantly farming lifestyles and to experience all of the benefitsof consumerism.But instead what South Koreaand many other developing economies get wordthemselves left with is far from their idealistic dreams. Growth isnot always something to be welcome for the vast majority ofeconomically growing countries and can have devestating effects.The problems we go for today is endless. From the smallest microcosm tothe entire earth, economic growth and waste is slowly destroyingeverything around us. As members of an industrialised society theeffects are all too apparent. And in general, the destroying of thelandscape and the pollution of air and water decrease our ability toenjoy the existent amenities of life, thus questioning the acceptedopinion that materialism brings more(prenominal) to our daily lives than forexample, the life of someone in a pristine and enjoyable naturalenvironment. As I sit here writing this es hypothesise, in motility of me lie vastswathes of land ripped wide open, and in their place, concrete sits.To the growing economies of the world, we must pose one question andone question alone - Is this what you unfeignedly want?Socially, one might argue that perhaps, economic growth might be agood thing. All of the stereos, holidays, mobile phones andapartments, some might say bring enjoyment. But with this massivegrowth often society wants are often created faster than theindustrial machine can satisfy them, conduct to a continual, bitterdesire that always rises beyond what can satisfy it. Human naturedictates this. I will not stop and be satisfy with my Jaguar, myRolls Royce and my BMW - no, now I want a Mercedes. This leave s peopleoften dissatisfied than before, when consumerism had been given alower value. Today, in our advanced society, consumption exists notto satisfy consumer wants, but merely to justify production. Not onlythis, but also the demands of high economic growth and consumerismalso place a huge buzzer on the cogs of the industrial machine, theworkers. Why do some many people take depressants and commit suicidein developed nations if they are really enjoying the real amenitiesof life? The stress and high-paced lifestyle is not always what peoplein less developed countries or even in developed countries would of necessity want.So far, I have merely dealt with the problems that countries that have