The state economy vs economic growth

A steady state economy is an economy with a stable or mildly fluctuating size. An economy can reach a steady state after a period of growth or after a period of downsizing or de-growth. It challenges the regular notions of economic principles that most countries in the world are governed by and believes that continuous economic growth has a negative impact on the long term prosperity of a country.

The BBC's Roger Hearing debates the merits of the state economy with Brian Czech, the president of the Centre for the Advancement of the Steady State Economy and David Kuo of the Motley Fool.