Why do economists say it’s bad when an economy doesn’t grow?

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I often see statements in the news from economists saying things like “only 0.2% growth reported, which might have bad effects on the economy”. In my eyes infinite growth is simply impossible when we have finite resources, or is that a misconception from my part?

Edit: thank you for all the detailed an in-depth answers! Learned a lot of new things 🙂

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Anonymous 0 Comments

Important to emphasize here that economists have a certain perspective which is a neoliberal capitalist view of the economy and growth, which has to do with money, mostly.

There are, of course, many other measures of growth and wellness that governments don’t record or give a flying fuck about, at all.

Eli5: economists have a very narrow view of growth and when they say no growth = bad, it means a very specific thing.

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