What about the ecological sustainability of perpetual economic growth? Isn't that an issue?
No, it's not. Because economic growth need not have any ecological effects whatsoever, and for the last century and more, has caused benefits to ecological systems as well as detriments.
Need not? Yet our economic does have ecological effects. That is how our society is structured. Nearly everything we do in order to live, earn a living, invest or buy comes from the natural world, growing food, materials for housing/steel. timber, cotton or plastics for clothes, computers, data storage centres built of steel, timber, plastics, etc, etc.
And to grow the economy requires increasing demand for goods and services, which in turn requires
Take Watt's steam engine. It caused significant increases in resource extraction, launched the industrial revolution, and generally seems like a perfect example of your claim. But it started out by causing economic growth while lowering resource use.
It replaced the Newcomen steam engine, and in doing so allowed the more work to be done with less coal consumption.
Yet it has done nothing to prevent us from getting ourselves into the situation we find ourselves, the state of the world as it now is, where some have estimated that we have already past the point of long term sustainability.
Pointing to any number of improvements in efficiency has done nothing to prevent us from getting to this point.
And even now our Government is calling for growth, increases in productivity and stimulating demand, high immigration, housing, spending, with no regard for what burden this is placing on the natural world.
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Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year. We maintain this deficit by liquidating stocks of ecological resources and accumulating waste, primarily carbon dioxide in the atmosphere.
The date of Earth Overshoot Day is announced each year on June 5. The event is hosted and calculated by
Global Footprint Network, an international research organization that provides decision-makers with a menu of tools to help the human economy operate within Earth’s ecological limits.'' - Wiki.