Corporate Reform Archives – Center for the Advancement of the Steady State Economy

Unlearning Growth: Reclaiming Higher Education for Sustainability

February 6, 2025/1 Comment/in Corporate Reform, Economic Growth, GDP, Governance, Jobs and Employment, Limits to Growth, Postgrowth, Steady State Economy, Steady State Herald, Sustainability /by Alix Underwood

by Zachary Czuprynski

At the bottom of McGill University’s coat of arms, beneath the red shield, a scroll reads Grandescunt Aucta Labore— “By work, all things increase and grow.” Historically, mottos of higher education institutions (HEIs) symbolize the cultivation of virtues and moral excellence, often rooted in religion. Over time, however, this idea of growth in personal and moral development became tainted by the paradigm of economic growth.

Today,

The Costs of Compounding: Exploitation and Collapse

January 23, 2025/12 Comments/in Banking, Corporate Reform, Economic Growth, Economic Policy, Inequality, Limits to Growth, Money and Investments, Steady State Economy, Steady State Herald, Wealth /by Alix Underwood

by Koenraad Priels

The global financial system operates like a cancer, metastasizing throughout our economy and society. Its malignant core is a simple yet devastating formula: PL – PR + I, principal loaned – principal repaid + interest = an escalating debt trap that necessitates economic growth. This equation is familiar to anyone who has taken out a loan. It demonstrates the fatal flaw in our financial architecture,

Will DC Break Free of Its Methane-Gas—and Economic-Growth—Shackles?

January 9, 2025/7 Comments/in Alix Underwood, Climate Change, Corporate Reform, Energy, Fossil Fuels, Governance, Politics, Pollution, Steady State Herald, Sustainability /by Alix Underwood

by Alix Underwood

How do we stop climate change? One decommissioned fossil-fuel pipe at a time, via hard-fought local battles to change energy infrastructure and decrease energy consumption. Who do we fight these battles against? Profit-hungry corporations that monopolize energy markets and back-pocket politicians that help them guard the fossil façade.

In the U.S. capital, the climate-change rubber hits the road as activists pressure an obscure and unelected decision-making body,

Will the Steady State Economy Be Funded?

December 12, 2024/4 Comments/in Corporate Reform, Corruption, Degrowth, Economic Growth, Environment, Money and Investments, Steady State Economy, Steady State Herald, Sustainability, Wealth /by Alix Underwood

by Kali Young

The U.S. nonprofit sector is a $1.4 trillion industry. If it were a country, it would be one of the world’s largest economies. Wealthy individual donors, foundations, and corporations are the three largest sources of nonprofit funding. As such, these entities have tremendous influence over what kind of social, economic, and political change thrives or dies. Many large foundations and major donors have amassed wealth thanks to the very economic system that is pushing the world toward ecological collapse.

Maybe We Should Be the Ones Grokking: Thoughts on Elon Musk’s xAI Super-Polluting Supercomputer

September 26, 2024/7 Comments/in Corporate Reform, Democracy, Helene Langlamet, Ideology, Materials use, Pollution, Steady State Economy, Steady State Herald, Technology /by Helene Langlamet

by Helene Langlamet

Is it just our filter bubbles? Or is an understanding of the environmental impact of artificial intelligence (AI) slowly making its way into the mainstream? Recently, a spate of news stories have highlighted the hefty environmental footprint of AI. Take for instance this recent article by the Washington Post on the hidden water footprint of using AI chatbots. Or this article by The Guardian on how the greenhouse gas emissions of data centers may be almost eight times higher than large technology companies like Google or Microsoft will acknowledge.

A “Final Warning” on Climate

March 30, 2023/6 Comments/in Climate Change, Corporate Reform, Corruption, Environment, Gary Gardner, Politics, Steady State Herald /by Gary Gardner

by Gary Gardner

Last week the Intergovernmental Panel on Climate Change (IPCC) issued what Greenpeace International called the “final warning” in the global effort to limit warming to 1.5 degrees Celsius (2.7° Fahrenheit) above preindustrial levels. After three decades of increasingly insistent wake-up calls, the Panel laid out the sobering reality: Meeting the temperature goal set by the global community in 2015 is impossible without an immediate response, “a quantum leap in climate action,” in the words of United Nations Secretary General Antonio Guterres.

Lesson from a Failed Bank: Only One Real Start-Up

March 23, 2023/7 Comments/in Banking, Brian Czech, Corporate Reform, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

How Steady-State Principles Transcend Economics

July 7, 2022/8 Comments/in Corporate Reform, Economic Growth, Jobs and Employment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Sydney Lyman

Being a 21-year-old college student, I eagerly awaited the arrival of Harry Styles’ third album for several months. When Harry’s House finally dropped on May 20, I wasn’t disappointed. The modern pop album was brimming with soft summer vibes and the dreamy influence of Fleetwood Mac. What’s not to love?

Well, The Washington Post’s Allison Stewart found many things she didn’t love,

Facebook and Its Religion of Growth

October 22, 2021/5 Comments/in Consumption, Corporate Reform, Corruption, Economic Policy, Governance, Politics, Religion, Steady State Herald, Technology /by Brian Czech

by Taylor Lange

There was a time when I dreamt of working at Facebook. I was less intrigued by the software development side than with studying the exchange of information and the cultural evolution occurring through online social networks. One of my research interests is how individuals learn to act cooperatively and acquire new preferences. What better place is there to do that than at the largest online social media platform?

Since joining Facebook in 2009,

If It’s Profitable, Is It Really Sustainable?

May 20, 2021/3 Comments/in Banking, Corporate Reform, Economic Growth, Environment, Money and Investments, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Gunnar Rundgren

That an economic activity has to be profitable is considered a truism, something taken for granted and not reflected upon. But what if the opposite is the case?

When I first took up small-scale organic farming in the 1970s, I spent a lot of energy on developing new methods and machinery to increase my productive efficiency. The early organic advocates went a long way to assure growers, farmers,