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Full Video: External growth is passe, we now need internal growth || Acharya Prashant (2019)
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00:00people give the example of Europe they say see in the middle of the last
00:06century Europe was as polluted as India look at the Ganga today and look at the
00:16condition of Thames in the 1950s they say not much difference so they say that if
00:22you want to overcome the problems facing earth today the solution is not less
00:28consumption but more consumption because today the Thames is quite clean
00:33and Europe is quite green and how did this come about this came about by more
00:41growth more consumption so their logic is let there be more technology and that
00:49will lead to a solution to our problems what they forget is the difference
00:56between a local optimum and a global optimum the mind of the economist now
01:03has to stop thinking in language of consumption consumption is not the way
01:10ahead economics and spirituality have to now converge you cannot keep measuring
01:17human wellness by human consumption anymore not possible it has to be an internal
01:22model
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