These are the CASSE blog articles on the steady state economy.
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.
As the setting for Aldo Leopold’s A Sand County Almanac, Sauk County, Wisconsin, holds a special place within the pantheon of environmental literature. Leopold’s writings on ecology and forestry brought an understanding of land repair and remediation to academic and general audiences. It is difficult to imagine the fields of wildlife biology, soil conservation, or restoration ecology without Leopold’s contribution.
Likewise, the moral basis for the environmental movement in later decades owes its origins in part to Leopold’s land ethic.
Like the economy of nature, the human economy has a “trophic” structure. In nature, nutrition and energy flow from plants to herbivores to carnivores, with each of these comprising a trophic level of the ecosystem. In the human economy, materials and energy flow from agriculture and other extractive activities to heavy manufacturing to light manufacturing. Both economies include service providers, such as pollinators in nature and the transportation sector in the human economy.
Working long hours? You aren’t alone. Forty-one percent of U.S. workers reported working more than 45 hours a week in 2021. Sixteen percent said they spent more than 60 hours per week at work. Working long hours has been shown to degrade quality of life and productivity. But there’s a bigger problem with full-time employment: It isn’t environmentally sustainable.
Additional economic growth is the only way to generate full-time employment.
Though it’s easy to lose sight of, with our language and culture and smartphones, Homo sapiens is an animal species that exists within natural ecosystems. All our activities, including our economic activities, take place within and depend upon these ecosystems. This is the starting point for the trophic theory of money (TTOM).
“Trophic” refers to the flow of nutrition and energy. In the economy of nature,