2016
DOI: 10.1017/cbo9781316452035
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The Hegemony of Growth

Abstract: In modern society, economic growth is considered to be the primary goal pursued through policymaking. But when and how did this perception become widely adopted among social scientists, politicians and the general public? Focusing on the OECD, one of the least understood international organisations, Schmelzer offers the first transnational study to chart the history of growth discourses. He reveals how the pursuit of GDP growth emerged as a societal goal and the ways in which the methods employed to measure, m… Show more

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Cited by 267 publications
(12 citation statements)
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“…The idea of economic growth was termed the most important conceptual innovation of the 20th century (McNeill 2000) and it has become synonymous with limitless societal progress and improved wellbeing for many politicians and large parts of the general public (Schmelzer 2015(Schmelzer , 2016. While criticism of GDP as the central policy indicator and its growth as a political achievement is mounting (Costanza et al 2014, Hickel and Kallis 2019, Hoekstra 2019, Jackson and Victor 2019, Parrique et al 2019, the growth imperatives for firms and corporations and, by extension, for their political champions, give it staying power in the actions of business managers and policymakers.…”
Section: Conclusion: Status Quo For Decoupling Studies and The Way Fmentioning
confidence: 99%
“…The idea of economic growth was termed the most important conceptual innovation of the 20th century (McNeill 2000) and it has become synonymous with limitless societal progress and improved wellbeing for many politicians and large parts of the general public (Schmelzer 2015(Schmelzer , 2016. While criticism of GDP as the central policy indicator and its growth as a political achievement is mounting (Costanza et al 2014, Hickel and Kallis 2019, Hoekstra 2019, Jackson and Victor 2019, Parrique et al 2019, the growth imperatives for firms and corporations and, by extension, for their political champions, give it staying power in the actions of business managers and policymakers.…”
Section: Conclusion: Status Quo For Decoupling Studies and The Way Fmentioning
confidence: 99%
“…It never produced any tangible results. 100 The strongest force behind the backlash against the critiques of growth came with the onset of economic turmoil, soaring energy prices, and stagflation from 1973/74 onwards. While the energy shortages and their effects on industrialized countries were largely interpreted by the public as proof of the Club of Rome's predictions, within the OECD these developments did not strengthen the faction critical of growth.…”
Section: Resultsmentioning
confidence: 99%
“…Thus reconfigured, the revitalized growth paradigm allowed policy-makers to avoid the interventions implied by social indicators advocates, and instead point to growing aggregate prosperity as progress. 118 While the interest of scholars and activists in social indicators and new metrics such as the HDI persisted, it coexisted with a more powerful faith in market-oriented GNP growth.…”
Section: Critiques Of Gnp Growth and The Rise Of Social Indicatorsmentioning
confidence: 99%