This paper was recently republished in seedmagazine. It is an interview with Herman Daily. He is an economist and a founder of the journal Ecological Economics, and an ex-world bank economist. His thinking is toward steady state economic systems.
Among other points he tells of the fundamental challenge of infinite growth on a finite planet. My understanding of the challenge is that, economic systems are looking to optimise “well-being” which is a different thing to and “development”. One problem with standard (neo-liberal) economics is that “”well being” is most often measured using per capita GDP. The justification is that at low incomes, there is a clear link between per capita GDP and measures like: longevity, education, access to vaccinations and so forth; but at higher incomes this relationship is much less clear. Herman Daily, makes the point that “development” is a different thing. Although we there are “limits to growth”, this does not limit “development”.
Please read this article because the ideas give a path out of what I would call “The growth trap” and toward sustainable ways of life.