“Nature shrinks as capital grows. The growth of the market cannot solve the very crisis it creates.”

Source: Soil Not Oil: Environmental Justice in an Age of Climate Crisis

Last update Oct. 25, 2023. History

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Vandana Shiva18

Indian philosopher 1952

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“To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. The moral pieties, that are voiced today by many well-meaning environmentalists, are as naive as the moral pieties of multinationals are manipulative. Capitalism can no more be 'persuaded' to limit growth than a human being can be 'persuaded' to stop breathing. Attempts to 'green' capitalism, to make it 'ecological', are doomed by the very nature of the system as a system of endless growth.”

Murray Bookchin (1921–2006) American libertarian socialist author, orator, and philosopher

Remaking Society (1990).

“"Be in high-growth markets." In the old economic order, in the age of market share, volume growth was a guarantor of success. Growth was what we were taught to pursue. It created higher profits for all, including market share laggards, companies with poor business designs, and companies that were poorly managed. A rising tide raised all boats. One manager articulated the classic view: "There are no management problems that volume growth can't solve. Even if we manage poorly, rising revenue helps cover the mistakes we made."”

Adrian Slywotzky (1951) American economist

Source: The Profit Zone (2007), p. 5.

“We cannot solve a crisis without treating it as a crisis. […] And if solutions within the system are so impossible to find, then maybe we should change the system itself?”

Greta Thunberg (2003) Swedish climate change activist

2018, "You are stealing our future" (December 2018)

“Every major industry was once a growth industry. But some that are now riding a wave of growth enthusiasm are very much in the shadow of decline. Others, which are thought of as seasoned growth industries, have actually stopped growing. In every case the reason growth is threatened, slowed, or stopped is not because the market is saturated. It is because there has been a failure of management.”

Theodore Levitt (1925–2006) American economist and professor at Harvard Business School

Source: Marketing Myopia, 1960, p. 1; Lead paragraph

“The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

2007 Chairman's Letter http://www.berkshirehathaway.com/letters/2007ltr.pdf <br class="br">Letters to Shareholders (1957 - 2012) <br class="br">Context: The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.

“The 2008 financial meltdown is the result of under-regulated markets built on an ideology of free market capitalism and unlimited economic growth. The fundamental problem is that the underlying assumptions of this ideology are not consistent with what we now know about the real state of the world. The financial world is, in essence, a set of markers for goods, services, and risks in the real world and when those markers are allowed to deviate too far from reality, “adjustments” must ultimately follow and crisis and panic can ensue. To solve this and future financial crisis requires that we reconnect the markers with reality. What are our real assets and how valuable are they? To do this requires both a new vision of what the economy is and what it is for, proper and comprehensive accounting of real assets, and new institutions that use the market in its proper role of servant rather than master.”

Robert Costanza (1950) American economist

Source: Toward a New Sustainable Economy, 2008, p. 40

“I oppose modem capitalism because by its very nature it cannot and will not function for the common good. In fact, it is a detriment to civilization.”

Charles Coughlin (1891–1979) Catholic priest, radio commentator

As quoted in “Charles Coughlin, 30's ‘Radio Priest,’” Albin Krebsoct, New York Times, Oct. 28, 1979. https://www.nytimes.com/1979/10/28/archives/charles-coughlin-30s-radio-priest-dies-fiery-sermons-stirred-furor.html

“Conservatism is alien to the very nature of capitalism.”

Whittaker Chambers (1901–1961) Defected Communist spy

Source: Odyssey of a Friend (1969), p. 229

“Science cannot solve the ultimate mystery of nature. And that is because, in the last analysis, we ourselves are part of nature and therefore part of the mystery that we are trying to solve.”

Max Planck (1858–1947) German theoretical physicist

Variants:
Science cannot solve the ultimate mystery of nature. And that is because, in the last analysis, we ourselves are a part of the mystery that we are trying to solve.
Science cannot solve the ultimate mystery of nature, for in the final analysis we ourselves are part of the mystery we are trying to solve.
Source: Where is Science Going? (1932)

“Human beings cannot grow without feeling gratitude. Gratitude towards things is an attitude which fosters growth.”

Koichi Tohei (1920–2011) Japanese aikidoka

29
Ki Sayings (2003)

“Nature shrinks as capital grows. The growth of the market cannot solve the very crisis it creates.”

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