I use the term "over-production" and "over-consumption", this more accurately describes the problem. Capitalist systems need "over-production" to generate "surplus-value" or wealth. When consumption cannot keep pace with production we create "debt" to subsidize it.

The solution, as you state, is to create an economy that is not focused on creating surplus, but just enough. This can only happen if we produce "on-demand". Governments and politicians cannot do this. Production on-demand can only come from producers (industry), directly supporting consumption and not surplus-value.

I would substitute the word "economic growth" with "over-production" as it helps to understand that we are not talking about 'growing' but actually creating surplus-value or capital.