Business Books

‘South Africa (and the world) can succeed without economic growth’

The Money Show’s Bruce Whitfield interviewed University of Pretoria Professor of Political Economy Lorenzo Fioramonti for his weekly business book review.

Description on Amazon:

Economic growth is a constant mantra of politicians, economists and the media.

Few understand what it is, but they love and follow it blindly.

The reality is that, since the global financial crisis, growth has vanished in the more industrialised economies and in the so-called developing countries.

Politicians may be panicking, but is this really a bad thing?

Using real-life examples and innovative research, acclaimed political economist Lorenzo Fioramonti lays bare society’s perverse obsession with economic growth by showing its many flaws, paradoxes and inconsistencies.

He argues that the pursuit of growth often results in more losses than gains and in damage, inequalities and conflicts.

By breaking free from the growth mantra, we can build a better society that puts the wellbeing of all at its centre.

A wellbeing economy would have tremendous impact on everything we do, boosting small businesses and empowering citizens as the collective leaders of tomorrow.

"Wellbeing Economy" is a manifesto for radical change in South Africa and beyond.

For more detail; listen to the interview in the audio below.

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This article first appeared on 702 : ‘South Africa (and the world) can succeed without economic growth’


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