Finance quote by E. F. Schumacher

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Infinite growth of material consumption in a finite world is an impossibility
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"Infinite growth of material consumption in a finite world is an impossibility"

- E. F. Schumacher

About this Quote

This quote by E. F. Schumacher is a warning about the threats of unattended financial growth. It suggests that the world is finite, meaning that there are just a certain amount of resources offered. For that reason, it is impossible to have unlimited development of product usage, as the resources will eventually go out. This quote is a pointer that economic growth ought to be handled properly, which we need to be mindful of the finite nature of the world's resources. It is a call to action to ensure that economic growth is sustainable and does not result in the exhaustion of resources. It is likewise a suggestion that financial growth need to be balanced with other aspects of life, such as environmental protection and social justice. Ultimately, this quote is a suggestion that financial development must be managed properly and with factor to consider for the limited nature of the world's resources.

About the Author

England Flag This quote is written / told by E. F. Schumacher between August 16, 1911 and September 4, 1977. He/she was a famous Economist from England, the quote is categorized under the topic Finance. The author also have 10 other quotes.

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