Degrowth Archives – Center for the Advancement of the Steady State Economy

Herman Daly Has the Floor

October 26, 2023/2 Comments/in Degrowth, Herman Daly, Postgrowth, Steady State Economy, Steady State Herald /by Gary Gardner

Editor’s Note: Saturday, October 28 marks the first anniversary of Herman Daly’s passing. The father of steady-state economics, Daly was CASSE’s economist emeritus and a long-time board member. We celebrate his clear and stimulating thought with three classic essays from Best of The Daly News.

Wealth, Illth, and Net Welfare

Well-being should be counted in net terms, that is to say we should consider not only the accumulated stock of wealth but also that of “illth;” and not only the annual flow of goods but also that of “bads.” The fact that we have to stretch English usage to find words like illth and bads to name the negative consequences of production that should be subtracted from the positive consequences is indicative of our having ignored the realities for which these words are the necessary names.

Defining “Economic Development” in Statutory Law: Content and Strategy

September 7, 2023/14 Comments/in Degrowth, Economic Policy, Steady State Economy, Steady State Herald /by Gary Gardner

by Brian Czech

The only way to arrive at a safe, sustainable, steady state economy is with substantial behavioral and political reform. Those two categories of reform correspond roughly with the demand side and supply side of the economy, respectively. In the simplest of terms, people must conscientiously demand less—wealthy people in particular—and policymakers must help ensure that the supply of goods and services is not in a state of overshoot.

My focus here is on the supply side.

Degrowth for Engineering and Engineering for Degrowth

August 31, 2023/4 Comments/in Degrowth, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Kendrick Hardaway and John Mulrow

In Chicago, the great dome atop the Museum of Science and Industry rotunda is emblazoned with these words:

Science discerns the laws of nature

Industry applies them to the needs of man

The inscription’s lofty rhetoric hides a powerful assumption that is broadly internalized in industrial societies today: that the “needs of man” are unlimited,

Degrowth in a Green-Growth World

March 9, 2023/21 Comments/in Climate Change, Degrowth, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Rosalie Bull

I’m having an ongoing conversation with a friend about the merits and drawbacks of degrowth as a climate action strategy. She is easily the most astute climate thinker I know, with insights available only to those deeply immersed in the nuances of climate finance and decarbonization. She’s wary of the degrowth movement, as are many prominent players in the climate transition. She views it as an unhelpful distraction from humanity’s efforts to grapple with the climate crisis.

Slow is Beautiful: The Need to Decelerate

November 10, 2022/9 Comments/in Brian Czech, Degrowth, Jobs and Employment, Postgrowth, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Greg Mikkelson

Brian Czech once likened modern economic growth to a runaway train. This metaphor drives home the point that to save nature and humanity from an ecological train wreck, the most important thing is to decelerate the global economy. Unfortunately, much writing on environmental protection neglects this imperative and fixates instead on what we must accelerate.

For example, the must-read Living Planet Report,

Emerging Signs of Grassroots Resistance to Growth

September 15, 2022/10 Comments/in Degrowth, Environment, Politics, Steady State Economy, Steady State Herald /by Brian Czech

by Christy Shaw

There seem to be encouraging signs that more and more average Americans are speaking out and taking action to oppose uncontrolled growth. Concerned citizens are sounding the alarm that too much growth is doing far more harm than good in their towns, cities and communities.

While there does not yet appear to be a coordinated nationwide coalition of activism, there are definitely increasing signs of grassroots efforts to push back against the all-too common,

Prospects for 负增长 Toward a Steady State Economy in China

September 1, 2022/10 Comments/in Climate Change, Degrowth, Economic Growth, Economic Policy, Environment, Governance, Politics, Poverty, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Yiran Cheng

China, as the world’s second-largest economy and a rising superpower, is an integral part of the discussion if a steady state economy is ever to be achieved at a global scale. China’s environmental impact grows by the day, yet serious consideration about intentionally slowing economic growth has seldom occurred, let alone the possibility of a sustained 负增长, the Mandarin translation of “degrowth”.

This is not to say China is oblivious to its environmental toll.

Don’t Fence Me In: Exnovation for Degrowth

July 28, 2022/4 Comments/in Animal Welfare, Biodiversity, Degrowth, Economic Growth, Endangered Species, Environment, Postgrowth, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Gregory Mikkelson

During recent visits to my family’s woods in northern Wisconsin, I have methodically snipped, pulled out, and recycled a half-mile of long-abandoned barbed wire. By doing so, I hope to help the biotic communities on either side of the old fence line to reconnect. The work is great exercise, and deeply satisfying.

I have not yet figured out who installed the wire or when, but the stuff was invented by Lucien Smith in 1867,

War of the Words: Rebranding the “Healthy Economy”

June 16, 2022/14 Comments/in Consumption, Degrowth, Economic Growth, Energy, Food and Agriculture, Postgrowth, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Mark Cramer

Industries strive incessantly to increase human productivity, often by way of mechanizing or automating tasks. After all, there are limits to purely human energy, strength, and ability. Without more workers, we require technological innovation to overcome these limitations. Fortunately for the pro-growth industries, technology doesn’t earn wages.

Even outside of the workplace, technology takes the place of utilitarian exercise. Long ago, most people hunted and gathered their own food.

Sell Your Stocks and Enjoy the Slide

May 26, 2022/10 Comments/in Banking, Brian Czech, Consumption, Degrowth, Economic Growth, Economic Policy, Energy, Environment, Food and Agriculture, Monetary Policy, Money and Investments, Poverty, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I’m sorry if you’re one of the 145 million Americans invested in the stock market, but I actually find it gratifying to see the market sliding. Why shouldn’t I? As a steady stater, I’m firmly against GDP growth in the 21st century. A perpetually growing stock market presupposes a perpetually growing economy. If the market has to decline along with GDP, I’m all for it.