Growth permits the development of a strong military or national defense system. A strong national defense is necessary to protect accumulated wealth. Without a strong defense system, accumulated wealth could be expropriated and the owner would have no recourse. As a result, no one would have the incentive to invest and accumulate productive assets. Loss of desire leads to loss of production and decay.
Growth also permits a country to distribute foreign aid.
Foreign aid promotes and maintains international good will. Disadvantages of Growth Growth negatively impacts the quality of life. Pollution and the destruction of our natural environment result from the abuse of free resources lit air and water, whose use may lower production costs but increase social costs. Excessive urbanization and congested living quarters increase the probability of heart attacks, suicides, and neurotic and psychotic behavior. Growth polarizes the lowest and the highest income recipients.