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THROWING ROCKS AT THE GOOGLE BUS

Douglas Rubenhold

Summary

Digital technology was supposed to usher in a new age of endless prosperity, but so far it has b

harder for people and businesses to keep up. Social networks surrender their original missions to more immediately profitable data mining, while brokerage houses abandon value investing for algorithms that drain markets and our 401ks alike--all tactics driven by the need to stoke growth by any means necessary. Instead of taking this opportunity to reprogram our economy for sustainability, we have doubled down on growth as its core command. We have reached the limits of this approach. We must escape the growth trap, once and for all.