The main epiphany for Raworth is the realization that the economy has both a biophysical ceiling and an ethico-social floor, and that the Keynesian-neoclassical growth synthesis tends to violate both of these limits.
By “Trumponomics,” I mean an unrestrained commitment to policies of drill it, pump it, burn it, cut it down, dig it up, pave it over, buy it, consume it, and if it threatens to slow growth, then run over it or bomb it.
“When I worked at the World Bank,” Daly writes, “I often heard the statement, ‘There is no conflict between economics and ecology. I still hear that a lot today. Is it true? Is it possible?”
Economic growth should stop when the marginal cost of economic growth begins to exceed its marginal benefit. Beyond that point, further growth brings about dis-economy, or growth-induced problems, which do more harm than good.