These are the CASSE blog articles on the steady state economy.
Editor’s note: This essay originally appeared December 23, 2020 and is slightly modified.
With Christmas one week out, folks are making tough decisions about Christmas presents. The public is rattled by inflation, credit card debt is through the roof, and gift-giving is a real strain for many. My advice for anyone stressing out over Christmas presents is simple: Take a break from the shopping!
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.
The Northeast Megaregion, also referred to as BosWash, extends from Boston to Washington, DC, and is populated by more than 55 million people. It is the largest contiguous urban area in the United States. BosWash has the largest population of the eleven U.S. megaregions, which together hold over 76 percent of the nation’s population. BosWash has the highest GDP of any megaregion in the world at some $3.75 trillion.
In its simplest sense, inflation is an increase in the prices of goods and services. For instance, if the price of a certain good is $10 and in the next month the price increases to $12, the inflation on that item over one month is 20%. Many economists consider low levels of inflation sustained over time to be normal in a functioning economy. However,
Almost half of humanity lives below $6.85 per day. This population does not consume goods and services at a rate exceeding Earth’s capacity. Yet here we sit, on the wrong side of six of the nine planetary boundaries identified by the Stockholm Resilience Centre.
How did we get here? Via the economic activity of the other half of humanity. The planet, and all its inhabitants,
We are in a brave new world, with an authoritarian as American president, a Senate ruled by his party, and a Supreme Court sidled up to them. This is a crushing defeat for the Democratic Party, immigrants, environmentalists, and women knocking on the glass ceiling. And it is truly bad for anyone concerned about their kids and grandkids, whether they know it or not.
The problem is not so much that our political leadership is Republican,
With the core meetings of the United Nations Biodiversity Conference (COP16) starting next week, it’s time for a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP16 devoid of discussion about the conflict between growing the economy and conserving biodiversity. In fact, the “800-pound gorilla”—GDP growth—ought to be front and center.
Devoted Herald readers may feel a tinge of déjà vu,
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.
What is your reaction when you hear the tagline “city with the highest GDP per capita in the United States”? Perhaps you would like to live in that city. Perhaps you think it sets a positive example for other cities. If so, you are not alone. Corporate and political leaders have been prioritizing economic growth for decades, and this mindset has trickled down until it has saturated the public.
The problem is that there is a fundamental conflict between economic growth and environmental protection.
“Harris wiped the floor with Trump.” At least that’s how today’s Washington Post kicked off a discussion among in-house columnists. But for voters who prioritize Planet Earth for present and future generations, the 2024 presidential election is a classic example of seeking the lesser of two evils. Neither Kamala Harris nor Donald Trump is a student—much less a champion—of sustainability. They probably think “limits to growth” pertains to poll results or crowd size.