Personally I find it very fitting and apt analogy for a lot of modern business practices. If the goal is growth only for the purpose of growth then that's pretty comparable to cancer.

Possibly even down to the ultimate consequences: Usually it's not the cancer itself that kills people, what's killing them is being starved by the cancer as they can't keep up supplying their body, and aggressive cancer, with enough nutrients.

Imho this analogy holds similarly true for businesses that have as their main focus perpetual growth, just like an economic system that's based on perpetual growth, while being stuck in a place where resources are actually finite and as such can't even realistically sustain perpetual growth.