"Anyone who believes in indefinite growth in anything physical, on a physically finite planet, is either mad or an economist" - Kenneth Boulding (Quaker economist)
Unfortunately, this is not a view which is shared by the majority of our academic institutions or politicians! Economic theory, as taught in British universities, assumes that infinite growth is indeed possible. And although Britain uses approx 66% more resources than is sustainable (according to The Global Footprint Network), almost all our politicians talk about how to get the economy growing again (which inevitably means using more resources): the emphasis is on increasing efficiency, the language that of scarcity, and anything approaching spiritual values is considered irrelevant.
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