02UndatedIf nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of novelty aimed at promoting dissatisfaction with last year's model. The system attempts to remake people to fit its own presuppositions. If people's wants are not naturally insatiable we must make them so, in order to keep the system going.Herman E. Daly / quote ↗
03UndatedThe individualism of current economic theory is manifest in the purely self-interested behavior it generally assumes. It has no real place for fairness, malevolence, and benevolence, nor for the preservation of human life or any other moral concern.Herman E. Daly / quote ↗
04UndatedThe economy is a wholly owned subsidiary of the environment, not the reverse.Herman E. Daly / quote ↗
05UndatedWhile the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.Herman E. Daly / quote ↗
06UndatedEnvironmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth.... Yet one certainly does not cure a treatment-induced disease by increasing the treatment dosage.Herman E. Daly / quote ↗
07UndatedEven if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.Herman E. Daly / quote ↗
08UndatedThere is something fundamentally wrong in treating the Earth as if it were a business in liquidation.Herman E. Daly / quote ↗
