Are we really expecting not only everlasting growth but exponential growth until the end of times?! Come on! Even the 1.27% growth of the groth seems unsustainable, we should be happy about it it not seeking the faults in not achieving somthing unattainable.
Economic growth also measures increased consumption of natural resources, so it's a mixed measurement admittedly.
For example, cars are an incredibly inefficient and expensive transportation model from a capX and operating cost perspective. Switching to a public transit model would increase quality of life, but would shrink the gdp, because the operating costs for public transit are orders of magnitude less than car-oriented transit.
So even though public transit would improve efficiency, the 1st order effect would be to reduce gdp.
Direct wealth transfer is a useful tool for mitigating market failures like labor market monopsony and the various negative externalities of excessive inequality. When used correctly, it does in fact improve economic efficiency and societal well-being.
Look at the tens or hundreds of millions of people brought out of abject poverty in China and India and other countries by adopting free market economic principles.
Properly executed redistributive policy absolutely increases growth in the "capitalist sense", whatever that means. That's kind of the whole point.
Capitalism increasingly consolidates the economy in the hands of the majority capital owners that control most of the economy. For that reason, in order to have a society that at least has a semblance of being a functioning one, there must be growth to provide some wealth/income to the majority.
When a capitalist economy is no longer able to grow exponentially, it starts eating itself from inside.
Occam's razor suggests capitalists must make more money because their mega yachts and private jets are not enough.