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Listen to the , hosted by Brigid Schulte and produced by David Schulman.

When Jason Fried founded Basecamp, he and his partner made one key decision: they decided not to focus on growth, but on sustainability, and healthy work-life balance. He and his employees do great work, and lead great lives. (Basecamp is profitable enough to give every employee $5,000 a year toward taking a great vacation.) While Fried’s stance is unorthodox in an economy where success is literally measured by growth, economist Juliet Schor says Fried is onto something.