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The Debt–Growth–Inequality Nexus
Tim Di Muzio and Richard H. Robbins

economic foundations of our societies. He concludes, Taking a step back for a moment, there are only two ways out of [the dilemma of growth]. One is to make growth sustainable, the other is to make de-growth stable. Anything else invites either economic or ecological collapse. (Jackson 2009: 128) But there is another problem that is equally, if not more, sobering: as economies generate more debt and material goods, as they grow wealthier, it becomes more and more difficult for them to sustain growth. Economists inexplicably call this the “convergence factor,” noting

in Debt as Power