"Simply stated, people want (and are encouraged to want) goods and services beyond their base needs, and markets are happy to oblige. A common recipe for countries to achieve high standards of living has been the combination of democracy and capitalism. For the most part, people vote for policies that will improve their circumstances, and corporations make decisions aimed at maximizing profits/growth. Politicians and financiers celebrate strong growth numbers (grumbling only when an overheated market might signal runaway inflation) while bemoaning weak quarters, and practically panicking at the prospect of a recessionary period. Today the financialized capitalist economic system dominating human activity is predicated on growth and the expectation of a bigger future, witnessed in interest rates, loans, investments, massive public and private debt, and the outsized role of the banking system. Growth is thought to be such an unarguable good that the UN’s 2015 Sustainable Development Goal #8 actually calls for growth rates of 7% in less developed countries. While this rate is intended to address the inequitable distribution of wealth across nations, the goal is still based on a business-as-usual, fossil-fuel-based economy."