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Home / Business / Economy

Dick Smith: Unending growth like cancer

Herald online
1 Oct, 2012 10:30 PMQuick Read

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Australian businessman Dick Smith, seen here with his LongRanger helicopter in the Australian outback, is on a mission to change big business. Photo / Nick Graalman.

Australian businessman Dick Smith, seen here with his LongRanger helicopter in the Australian outback, is on a mission to change big business. Photo / Nick Graalman.

Chasing never-ending business growth is like a form of cancer, says Dick Smith.

The Australian icon, who founded Dick Smith Electronics, Australian Geographic and Dick Smith Foods, has just spoken to kiwi business leaders at an event in Queenstown called Tomorrow's Business.

At the present time, our economies would collapse without perpetual growth, Smith told nzherald.co.nz in August, ahead of the forum.

"Both economists and cancer cells believe in perpetual growth. And cancer cells quite often kill the host.

"Anyone with any common sense knows that perpetual growth in a finite world is not possible."

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