We Need to End Growth Dependency, but How?

Because Positive Money are so selective in both their characterisation of the springs of capitalist accumulation and in their analysis of the impact of economic activity on the ecosystem, they end up proposing a scheme that at best will have little positive impact and could actually make matters worse.

Democrats, Donald Trump, and the Dark Underbelly of Economic Growth

Right now, due to the bipartisan obsession with economic growth, Democrats look like losers at the GDP racetrack, racist sentiments are fair game again, and the rapacious pursuit of growth is liquidating the environment. Democrats, racial minorities, and environmentalists can pine independently, “Woe is me.”

The Cognitive Prison Habits of Economic Growth and Development

I suggest we join Morin and Pogany in renouncing  the irrational exuberance that expects irresistible progress and economic growth extending to infinity. To break out of this cognitive prison habit may be very challenging indeed. However, at some point there will be no choice.  It’s time to stop digging that hole that we think is taking us up the mountain

Policy Making in a Globalized World: Is Economic Growth the Appropriate Driver?

Surely emphasis on increasing well-being should prevail over creation of investment opportunities that bring negative externalities and few benefits to the municipality. Other worlds are possible, and responsive policy making would be a chance to shape those possibilities.

The Hypocrisy of Environmentalists and the Need for Economic Growth

Environmentalists are hypocrites, right? They condemn all sorts of behaviours like driving cars or taking plane flights in which they themselves indulge, and they want to deny poor people the right to the same luxuries by saying that the economic growth which promises to widen access to such luxuries is unsustainable.

Delusions of Grandeur in Building a Low-Carbon Future

There is a very real trade-off between the rate at which we address climate change and the amount of economic growth we can expect during the transition to a low-carbon economy, but most economic models insufficiently address this trade-off, and thus are incapable of assessing the transition.

S-curves and Other Paths: Is the Doughnut the Only Way Forward?

Continued exponential economic growth is impossible, but the S-curve of slowing growth followed by a steady state is not the only other alternative. If the goal is maintaining GDP at the highest possible level, then the S-curve is the best case scenario, but in today’s world that isn’t necessarily desirable or even possible.

Coal Is a Dinosaur and so is the Growth Economy

What does this downgrading of likely carbon emissions mean for climate change modelers, climate activists, policy makers, and concerned citizens? According to Ritchie, the implication is clearly not as simple as “don’t worry, fossil fuel depletion will solve climate change for us.”

Limits to Economic Growth?

Growth of production is central to the core ideology of the current economic system, to the idea of “development” and “progress”. It is central to the legitimacy of the people who run the global economy. Without it there is a legitimacy crisis.