Daniel Wortel-London Archives – Center for the Advancement of the Steady State Economy

Introducing the Commission on Economic Sustainability Act

April 25, 2024/2 Comments/in Daniel Wortel-London, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald, Sustainability /by Gary Gardner

by Daniel Wortel-London

What U.S. federal agency is responsible for identifying and reducing the environmental and social costs of economic growth? None, really. The government has plenty of agencies and programs devoted to conservation, natural capital accounting, “green” industrial policy, and just transitions. But none address the elephant in the room: economic growth. Growth is what causes a nation’s ecological footprint to exceed its biocapacity.

Introducing the Mileage Fee Act

April 4, 2024/5 Comments/in Daniel Wortel-London, Steady State Economy, Steady State Herald /by Gary Gardner

by Daniel Wortel-London

Economies that operate within planetary boundaries are likely to be heavily localized compared to economies today. Planners will need to shift modes of transportation and redesign cities. Businesses will need to shorten supply chains. This is because freight and passenger travel impact the environment extensively. Respecting planetary boundaries requires that we create economies that do not rely heavily on long-distance travel.

To help accomplish this goal,

Introducing the Salary Cap Act

March 7, 2024/12 Comments/in Daniel Wortel-London, Economic Policy, Environment, Inequality, Steady State Economy, Steady State Herald, Wealth /by Gary Gardner

by Daniel Wortel-London

The daily news regularly features commentary about the outrageous and growing income inequality in the USA. The data support the outrage:

In 1965, the CEO-to-worker salary ratio at the average U.S. company was 21-to-1. Today that ratio is 344-to-1.
In 2022, CEO pay at 100 S&P 500 companies averaged $15.3 million, while median worker pay averaged only $31, 672, according to an Institute of Policy Studies analysis.

Introducing the Luxury Cap Act

February 1, 2024/8 Comments/in Consumption, Daniel Wortel-London, Governance, Steady State Herald, Wealth /by Gary Gardner

by Daniel Wortel-London

Even as nearly a billion people go hungry every day, the wealthiest one percent of the world’s population is purchasing ever-more expensive toys. Yacht sales grew by an average of 22 percent per year between 2014 and 2022. Private jet sales have boomed since the start of the COVID pandemic. The global luxury jewelry market, already huge at $56.5 billion,

Redesigning Business for Sustainability

January 18, 2024/8 Comments/in Daniel Wortel-London, Economic Growth, Steady State Economy, Steady State Herald, Sustainability /by Gary Gardner

by Daniel Wortel-London

Can businesses become sustainable? Certainly—at least in theory. In recent years, new business models have emerged that attempt to place business on an ecologically healthy footing. The doughnut economy, the regenerative economy, sufficiency enterprises, and postgrowth and degrowth businesses: These and other experiments represent ways of doing business that not only create customer and firm value, but address social and environmental needs as well.

It’s Time to Ban Earth-Damaging Ads

December 28, 2023/6 Comments/in Consumption, Daniel Wortel-London, Steady State Herald /by Gary Gardner

by Daniel Wortel-London

Advertising works. A recent study by the Advertising Association finds that every dollar of ad spending drives up sales by $21. Ads get us to recognize brands and hum jingles even if we are annoyed by pop-ups. They are particularly effective in driving the kind of unsustainable consumption that is destroying our planet.

This begs a question: Should advertising be limited for the sake of the environment?

Learning from Las Vegas: The Costs of Growth

December 1, 2023/1 Comment/in Daniel Wortel-London, Economic Growth, Governance, Politics, Steady State Economy, Steady State Herald, Water /by Gary Gardner

by Daniel Wortel-London

Since 1998, the City of Las Vegas and the U.S. Bureau of Land Management (BLM) have been gambling with nature. By auctioning off public land from the BLM for development and using the proceeds to preserve natural areas, policymakers and federal officials have bet that development and conservation can go hand-in-hand.

But it hasn’t worked out that way.

As the Las Vegas region has grown from 1.3 to 2.7 million people since 1998,

The Crisis in the Middle East is a Crisis of Growth

October 19, 2023/11 Comments/in Daniel Wortel-London, Economic Growth, Energy, Peace, Steady State Herald, Water /by Gary Gardner

by Daniel Wortel-London

The catastrophe unfolding in Israel and the Gaza Strip is the product of many factors, including colonialism and religious fanaticism. But another impulse driving this disaster deserves discussion: competition over growth and the natural capital—particularly energy, water, and land—that ensures it. These resources provide the basis for economic and population expansion in the Middle East and elsewhere. As nations continue to recklessly pursue this expansion in a finite world we will see more and more struggles over fewer and fewer resources.

Three Telling Takeaways from Climate Week in New York City

September 28, 2023/5 Comments/in Climate Change, Daniel Wortel-London, Steady State Economy, Steady State Herald /by Gary Gardner

by Daniel Wortel-London

New York City was busier than usual last week.

The occasion was Climate Week, a host of events devoted to charting and increasing environmental progress. Hundreds of sold-out summits, covering everything from biodiversity to energy, could be found across the metropolis. And within those halls, would-be thought leaders discussed the challenges of sustainability with both earnestness and self-congratulation.

There was a tension,

Suing for the Steady State

August 17, 2023/1 Comment/in Climate Change, Daniel Wortel-London, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald /by Gary Gardner

by Daniel Wortel-London

On August 14, Montana’s Supreme Court ruled that in light of Montanans’ constitutional right to a clean environment, the failure of state agencies to take climate change into account when considering new projects is illegal. This ruling, resulting from a lawsuit by 16 young people, is being followed up by a similar trial in Oregon—and another is pending in Hawaii. At a moment of legislative disappointment across the sustainability policy landscape,