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Sustainable Growth or Right Livelihood?

The Faraday Institute for Science and Religion of the University of Cambridge organized an international conference entitled “Sustainability in Crisis” from September 26-28, 2011 in Cambridge.

Laszlo Zsolnai was invited to present an opinion about the relevance of Buddhist economics to sustainability. In his presentation “Sustainable Growth or Right Livelihood?” he argued that it is not promoting sustainable growth but sustainable livelihood that should be the main goal of economic policies. Sustainable livelihood implies making a considerable reduction in the material demands of the economy. Hence, de-growth is more appropriate for Western economies than sustainable growth.