Growth in production promotes a culture of use (consume). We use our land, its above the ground as well as underground resources such as water, soil and fossil fuels. W
When any environment reaches its peak carrying capacity of human population, it starts its journey of declining population. As dead people do not consume, so declining population can't have a growing economy. Economic dead end.
If full employment was the goal, we had this goal achieved thousands of year ago when our forefathers were living in a primitive society. Alas evolution of human species is based solely on improving efficiency. Either same output with less work or increased output with same effort.
Modern Capitalist state is like a club of privileged. Its tax code is designed in such a way that it prevents masses of people getting rich by imposing a hefty income tax rate but once you achieve a certain level of wealth, it gives you all sort of protection to your Capital wealth. All its laws, licenses, permits and even Education system set the rules of the game in the favor of members of Capital Club.