Economic Policy Archives – Page 6 of 27 – Center for the Advancement of the Steady State Economy

Wellbeing, Happiness, and GDP Growth: Rhetoric vs. Reality

July 15, 2021/5 Comments/in Climate Change, Economic Growth, Economic Policy, Environment, Governance, Politics, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by James MacGregor Palmer

Several movements are working in opposition to the destructive growth economy of the 21st century. The labels adopted by these movements are largely tied to the regions in which they originated and/or became popular. For example, the term “steady state” is most prevalent in the USA, while “degrowth” is often associated with continental Europe. The widespread term throughout the UK, however, is “wellbeing economy.”

Without prior knowledge of the UK term,

Degrowth: A North American Vision

May 6, 2021/10 Comments/in Brian Czech, Degrowth, Economic Growth, Economic Policy, Governance, Politics, Population, Steady State Economy, Steady State Herald /by Brian Czech

By Brian Czech

Students and scholars of steady-state economics must have noticed, by now, that the Degrowth movement in Europe has attained far more traction than the steady-state movement has in the USA (or anywhere). Degrowth is the banner under which thousands have assembled at numerous conferences for almost two decades now, demonstrating a durable unity. Major European news outlets such as The Guardian report on Degrowth doings; even prominent American outlets including Bloomberg have taken note.

Spaceship Earth and the Alien Economy: More than a Metaphor

March 11, 2021/6 Comments/in Consumption, Corporate Reform, Degrowth, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by James MacGregor Palmer

The year was 1965, and on the morning of July 9 in Geneva, Adlai Ewing Stevenson II prepared for his final speech to the UN. A former Governor of Illinois and presidential candidate, what he was about to say might still become his greatest contribution. But we’re in danger of forgetting it.

What Adlai Stevenson proffered the world that day was a metaphor. A simple yet powerful idea that,

Paying Taxes with Trophic Money: Watch Out for Environmental Backfires

March 4, 2021/12 Comments/in Brian Czech, Degrowth, Economic Growth, Economic Policy, Food and Agriculture, Governance, Monetary Policy, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I didn’t set out to coin a phrase, but “trophic money” will be far handier than “money derived pursuant to the trophic theory of money.” The trophic theory of money is that money originates via the agricultural surplus that frees the hands for the division of labor into all the other economic activities, most basically manufacturing and services. It’s a theory of money that reflects not only the trophic structure of the economy—with manufacturing and services built upon a base of agriculture and extraction—but the fact that money is meaningless unless we have an agricultural surplus at the trophic base.

The GameStop Boom: Lessons for Steady Staters

February 11, 2021/3 Comments/in Economic Growth, Economic Policy, Monetary Policy, Money and Investments, Poverty, Steady State Economy, Steady State Herald /by Brian Czech

by James MacGregor Palmer

Over the last week of January, it was hard to miss the headlines: “Reddit vs Wall Street,” “Reddit Sparks Wall Street Crisis,” “The Reddit Traders Who Took On Wall Street’s Elite.” The GameStop phenomenon, fueled by the Reddit forum “WallStreetBets,” was pitched as a David vs Goliath story where a group of ordinary citizens took on the elites and won.

Ecofeminism and the Steady State Economy

February 4, 2021/1 Comment/in Economic Growth, Economic Policy, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Casey Reiland

On September 23, 2019, a 16 year-old girl fearlessly sent a message to world leaders at the UN Headquarters: “We’ll be watching you.” Though Greta Thunberg had become a household name at this point for her school-strike movement, this speech would mark her as the voice of a generation, garnering 4 million views and a designation as “Time’s 2019 Person of the Year.” Though her whole speech is moving,

Let’s Meet in the Ring: Steady Staters in the “Green Doughnut”

January 28, 2021/4 Comments/in Climate Change, Economic Growth, Economic Policy, Environment, Steady State Economy, Steady State Herald /by Brian Czech

By Kayla Downs

To most people, the idea of a steady state economy is misunderstood at best and completely unknown at worst. Outside of economic, environmental, and academic circles, steady staters are hard to come by. The idea of a steady state economy is not yet mainstream and is shied away from in the media, general politics, education, and culture. Economic growth has been sold to generations as the remedy to all our ailments.

Population Growth: The Ironic Vexer

January 21, 2021/51 Comments/in Brian Czech, Economic Growth, Economic Policy, Environment, Politics, Population, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

In a world of vexing issues—and our topic this week is certainly that—population growth might just be the most ironic. That’s because it should be among the simplest of issues; almost trifling in its mathematics. Yet opinions about it are beset with political, economic, and even some technical controversy.

For steady staters it seems perfectly clear: Population must be stabilized for the sake of societal well-being and even mere sustainability.

Steady Statesmanship and Climate Policy in the Midst of a Fascist Threat

January 14, 2021/8 Comments/in Economic Policy, Politics /by Brian Czech

By Brian Snyder

The insurrectionist mob that stormed the Capitol last week has been frequently described as fascist. Certainly, it was a far-right, racist mob attempting to overthrow a democratic election, as with the Beerhall Putsch or the March on Rome. Yet, the real fascists in the Capitol weren’t the mob. The actual fascists are far more powerful than a bunch of conspiracy-addled cosplayers. The real fascists were the half-dozen senators and 140 or so representatives who abetted and instigated the insurrection.

Challenging the Pro-Growth Market: Mark Carney’s Reith Lectures and the Need for a Radical Approach

January 6, 2021/8 Comments/in Economic Policy, Steady State Herald /by Brian Czech

by James MacGregor Palmer

“Society won’t settle for worthy statements followed by futile gestures. It won’t settle for countries announcing plans in Paris five years ago for 2.8 degrees warming, far too high, that they don’t even meet. Society won’t settle for companies that preach green but don’t manage their carbon footprints, or financial institutions who can’t tell us whether our money is on the right or wrong side of climate history.”

These are not the words of an environmental activist,