True Wealth: How and Why Millions of Americans Are Creating a Time-Rich, Ecologically Light, Small-Scale, High-Satisfaction Economy

by Juliet B. Schor

The situation is even starker in China, where torrid growth has created environmental and social havoc. Studies of environmental degradation have found that Chinese GDP was overstated by 8 to 13 percent in the 1990s, and suggest the figure may have grown to as much as 25 percent now.