In economic theory it is circumstances that dictate fashion. During the last quarter of the century, years marked by an unprecedented escalation of material production, economists of all persuasions, neoclassicals or Marxists, accorded an important place to theories of growth. Economic reductionism being fundamental, development was likened to growth, which tends to take pars pro toto and to ignore the difference between a necessary condition and a sufficient one. Suddenly economic theory, to which mechanical formalization would confer the appearance of (...) an almost scientific rigour, became a powerful argument for the ideology of growth. (shrink)