As economic growth threatens climate stability, biodiversity, planetary geochemical flows, and ecosystem health, humanity is creating a bottleneck for itself.
Articles: steady-state economy (40)
Our high priests now take the peculiar form of neoclassical economists, bankers, and national treasurers.
I envision fulfilling, challenging, joyful lives within environmental constraints, but I can’t imagine that happening without societal signals to reinforce consistent behavior.
Many people think that advocating a steady-state economy is like wishing for a miracle. I understand their reasoning and take their point—in the present era of growthism it does seem rather like advocating a miracle.
Because of the exponential economic growth since World War II, we now live in a full world, but we still behave as if it were empty, with ample space and resources for the indefinite future.
Infinite-Planet Thinking is deeply embedded in our political economy.
When prices are high, the debt-based Ponzi scheme functions; when prices sustain lows, the scheme unravels.
Is it not also time for a government commission on post-growth economics?
The story of a hippy flower-child who leveraged big economic decisions that ushered in renewable energy and sensible land-use for Austin and the State of Texas.
If rational arguments were primary catalysts for social change, perhaps a steady state economy would already be a reality.