Steady State Economy Archives – Page 5 of 43 – Center for the Advancement of the Steady State Economy

Whose Taps Will Go Dry First?

May 11, 2023/5 Comments/in Economic Growth, Gary Gardner, Steady State Economy, Steady State Herald, Water /by Gary Gardner

by Gary Gardner

Experts have warned for decades of potential water scarcity in many regions, but over the past decade the warnings have nearly morphed into large-scale catastrophes. In 2014, water in reservoirs supplying Sao Paulo, Brazil dropped to just five percent of capacity, and residents found themselves on the threshold of severe shortages. In 2017, the mayor of Cape Town warned residents of the impending arrival of “Day Zero,” when critically low reservoir levels would trigger a shutoff of city taps and lead to queues of residents waiting for water at standpipes.

Selling the Steady State Economy

May 5, 2023/16 Comments/in Gary Gardner, Postgrowth, Steady State Economy, Steady State Herald, Sustainability /by Gary Gardner

by Gary Gardner

The looks I get are familiar at this point: the blank stare screaming What do you mean, a no-growth economy? The frown of doubt that silently demands, Are you crazy? This is how skepticism about degrowth and steady-state economics manifests in my own life.

The work of a steady-state proponent is not for the faint of heart, to be sure. Steady state economies are sorely needed today but are far from being widely understood,

“I Know You’re Malthusian, But What Am I?”

April 20, 2023/20 Comments/in Economic Growth, Environment, Population, Steady State Economy, Steady State Herald /by Gary Gardner

by John Mirisch

Times are evidently rough for our natalist, growthmaniac friends.

More people than ever are questioning their agenda of increasing the planet’s population beyond the current 8 billion people (double the level of less than fifty years ago) in the name of “progress” and profit. Yet the growthmaniacs’ only response to anyone who links human population and ecological overshoot is to scream “Malthus!” at the top of their lungs (although some Marvel fanboy growthmaniacs have been known to respond “Thanos!” instead).

A Steady State Sustains All Boats

April 13, 2023/4 Comments/in Economic Growth, Inequality, Steady State Economy, Steady State Herald, Wealth /by Gary Gardner

by Gregory M. Mikkelson

An important recent article on resource use and its environmental impacts starts from the premise that “the planet’s resources and ecosystems are a commons, and… all people are entitled to an equal, sustainable share.” Alas, the world today deviates wildly from this norm. Indeed, inequality—of resource use, but also of income and wealth—is extremely high today and is actually worsened by economic growth. What’s more, it is bad for our politics,

Even AI Understands Limits to Growth

April 6, 2023/9 Comments/in Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Cole Thompson

Artificial Intelligence, or AI, is attracting great attention as working AI systems become accessible to the public. The AI claim is that it can digest the mass of knowledge that humanity has made public, then perform cognitive tasks with that knowledge or answer questions with speed and accuracy. This has many implications, some potentially worrisome. But when AI works well, it can serve up some interesting “truths.”

While AI does not generate authoritative or definitive information—you wouldn’t bet your savings on its output—my sense is that its findings often deserve a hearing.

Lesson from a Failed Bank: Only One Real Start-Up

March 23, 2023/7 Comments/in Banking, Brian Czech, Corporate Reform, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

Bulldozing the Planet

March 16, 2023/5 Comments/in Economic Growth, Environment, Greg Mikkelson, Materials use, Pollution, Steady State Economy, Steady State Herald /by Gary Gardner

by Gregory M. Mikkelson

Just as it does for a certain “old man on a green bike,” my commitment to car-free travel often drives me to greater levels of exercise, and more vivid experiences of nature, than one would get behind the wheel of a car. Unfortunately, economic growth has progressively degraded one such experience. Trips to my partner’s lake cottage begin with a commuter train in Montréal and end with an hour-long walk on a dirt road through the countryside.

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.

Happiness Matters, Even in a Steady State Economy! Part 2: Flourishing Life

March 2, 2023/7 Comments/in Postgrowth, Steady State Economy, Steady State Herald, Wellbeing /by Gary Gardner

by Orsolya Lelkes

Happiness matters. The quest for happiness is an elementary life force and an inherent part of steady state economies. Many fear that reducing material consumption will bring a decline in happiness. We do not like to lose what we already have. Recession and income loss tend to hurt.

On the other hand, voluntary adjustment of priorities in life may boost well-being, as a simpler life might deliver more of what many are missing: health,

Happiness Matters, Even in a Steady State Economy! Part 1: Sustainable Hedonism

February 23, 2023/7 Comments/in Consumption, Economic Growth, Steady State Economy, Steady State Herald, Sustainability /by Gary Gardner

by Orsolya Lelkes

From a historical perspective, we should be living in the happiest of all worlds. Ours is a culture ostensibly centered around happiness: The mainstream neoclassical economic system aims to maximize pleasure (utility) for all, and is based on the assumption that we humans seek the greatest pleasure and the least pain, and that this quest is the main driver of our actions.

Happiness has also been a philosophical,