Why does the economy need to continue to grow, especially in countries such as Japan where population is declining?

Question

Why does the economy need to continue to grow, especially in countries such as Japan where population is declining?

In: 56

Answer 1

Because that’s what all classical economics points to, but recently many economists have started questioning it like you are.

A good book on this is *Towards a Political Economy of Degrowth* by Chertkovskaya et al.