Life in a ‘degrowth’ economy
What does genuine economic progress look like?
What does genuine economic progress look like?
I’ve talked more than once in these essays about the challenge of discussing the fall of civilizations when the current example is picking up speed right outside the window.
The illusion of invincibility is far and away the most important asset a mature ruling elite has, because it discourages deliberate attempts at regime change from within.
…never has it been more important to embrace a collective demand for ‘system change’ as the surest way to limit global warming and ensure environmental sustainability.
In a New York Times op-ed published September 18 titled “Errors and Emissions,” economist-columnist Paul Krugman took a swipe at my organization, Post Carbon Institute, lumping us together with the Koch brothers as purveyors of “climate despair.” But not only does Krugman misrepresent our position, he himself is guilty of 5 errors and 3 omissions.
Researchers are finding that the business-as-usual scenario in the 1972 "Limits to Growth" study is unfolding before our eyes. Will reality follow that scenario further into the beginning of industrial decline this decade?
Mutatis mutandis, that’s what happened to most of the other grand visions of transformative technological progress that were proclaimed so enthusiastically over the last century or so.
As production (real GDP) grows, its marginal utility declines, because we satisfy our most important needs first.
In order to fully understand the necessary scale and speed of action required to significantly reduce climate change risks, citizens and governments must first understand the full extent and implications of the carbon budget challenge.
As promising as the Transition movement may be, there are crucial questions it needs to confront and reflect on if it wants to fully realise its potential for deep societal transformation.
Chances are that when you hear the phrase “Comprehensive Economic Development Strategy,” you don’t immediately think of dramatic change in the established political-economic order…
The interests of people and the planet are bound together and depend on each other.