Steady State Herald – Page 22 of 24 – Center for the Advancement of the Steady State Economy

Distinguishing Capitalism from Growth

November 21, 2019/4 Comments/in Economic Growth, Economic Policy, Steady State Herald /by Brian Czech

by James Magnus-Johnston

Capitalism and growth might have similar connotations, but they have important distinctions, too. “Capitalism” has become a clumsy catch-all for any number of value-laden projections—greed, big business, innovation, accumulation, complexity, workaholism. “Growth,” meanwhile, is a landmine of technical and cultural connotations, and I’ll explore just a couple of them here.

Technically speaking, their differences seem straightforward. Growth is a material increase in economic production and consumption. Capitalism is a highly complex term,

Book Review: Falter by Bill McKibben

November 13, 2019/1 Comment/in Biodiversity, Climate Change, Religion, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Herman Daly

Thanks to Bill McKibben, not just for his new book but for 30 years of honest, eloquent, and insightful environmental writing and activism.

He begins Falter by pointing out that “the human game we’ve been playing has no rules and no end, but it does come with two logical imperatives. The first is to keep it going, and the second is to keep it human.”

KYIV COMMUNIQUÉ

November 6, 2019/7 Comments/in Brian Czech, Economic Growth, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

On the Environmental Impact and Economic Sustainability of Nord Stream 2 and Other Sub-Marine Natural Gas Pipelines

Kyiv, November 6, 2019

Summary

Representatives of the Ukraine National Academy of Sciences, National Technical University of Ukraine, Ukrainian National Forestry University, Naftogaz Board for Science and Technologies, Institute of Market Problems and Ecological Economics Research, Ukrainian Institute for the Future, and scholars from France,

[Book Review] Empty Planet: The Shock of Global Population Decline

September 19, 2019/4 Comments/in Economic Growth, Economic Policy, Environment, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Max Kummerow

In Empty Planet: The Shock of Global Population Decline (Crown Publishing Group, New York, 2019) Darrell Bricker and John Ibbitson argue that population decline will bring many social and economic changes—some good, some bad. They assert that “In three decades, give or take…global population starts to decline.”

Note that their title is a bit misleading. World population will probably rise to over 10 billion before the slow decline would begin.

Steady State Economics in Vermont

August 27, 2019/4 Comments/in Steady State Economy, Steady State Herald /by Brian Czech

By Skyler Perkins

Steady state economics is ultimately about saving humanity from ecological, economic, and political collapse. At CASSE, we like to think that steady state economics, at least in the USA, is also about safeguarding democracy amidst a deepening cultural divide among urban and rural citizens. However, the inspiration for steady state economics is not always so lofty and global; it often comes from an immediate concern for the local communities and ecosystems we inhabit.

Keep Our Counties Great – Safe, Scenic, and Sustaining

July 18, 2019/3 Comments/in Brian Czech, Consumption, Economic Policy, Money and Investments, Politics, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Brian Czech

When you look out your window, do you like what you see? Would you like to keep it that way? Are you afraid the forces of growth will deface, degrade, or “develop” your favorite places? Then Keep Our Counties Great is the campaign for you! This county-level initiative has long been pondered at CASSE, and it’s time to act. This does not mean we’re forgetting about the nation as the focal point of fiscal and monetary policy. Nor are we dropping our obligations and interests in international diplomacy. Rather, Keep Our Counties Great will have synergistic effects, especially with our long-term legislative project.

The Connection Between Population, Income, and Health

July 3, 2019/5 Comments/in Consumption, Economic Growth, Environment, Population, Poverty, Steady State Economy, Steady State Herald, Technology /by Brian Czech

by Max Kummerow

For hundreds of years, economists have debated whether population growth is good or bad. Malthus said exponential population growth increases labor supply, so wages fall until starvation, war, or plague stops growth in numbers. Marx said capitalism causes poverty and hunger, so population growth is good, because “every stomach is born with a pair of hands”, bringing revolution and justice closer.

Nearly 200 years later, Garrett Hardin and Julian Simon were still debating the same question.

“Be Very Alarmed!” Introducing the Global GDP Meter

June 27, 2019/5 Comments/in Brian Czech, Consumption, Corporate Reform, Economic Growth, Economic Policy, Endangered Species, Energy, Environment, Food and Agriculture, Governance, Inflation, Jobs and Employment, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

Backed by an ominous sound clip and a rapidly churning GDP meter that comes out of nowhere, “Be alarmed… Be very alarmed!” are the opening phrases at CASSE’s new landing page. You’ll see what we mean shortly; please allow us an introduction to describe this new approach.

The landing page is actually a 30-second animation prefacing our “regular” website. It is designed to be three things:

Alarming
Crystal clear
Distinctive and memorable

Why Sound the Alarm?

The World Fertility Transition: Moving Toward a Steady-State Population

May 29, 2019/1 Comment/in Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Max Kummerow

“There’s just too many of us and no one is talking about it.”
—Biologist Patrick Benson in Meera Subramanian’s, A River Runs Again: India’s Natural World in Crisis

It is hard to imagine a growing population supporting a steady state economy. “Jobs” and higher incomes for growing numbers of people anchor the platforms of political candidates and economists worldwide.

But what about a different approach?

A Journey of No Return, Not a Circular Economy

April 23, 2019/9 Comments/in Consumption, Economic Growth, Energy, Environment, Food and Agriculture, Jobs and Employment, Population, Poverty, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

By Herman Daly

The economic process is not a mechanical analog that can be run forward and backward, nor a circular process that can return to any previous state. Rather it is an irreversible and irrevocable process moving in the direction of time’s arrow of increasing entropy [1]. Finitude and entropy guarantee that the economic life of our species will be a journey of no return. Therefore even a stationary economy, in the classical sense of constant population and constant capital stock, is ultimately a journey of no return, because the metabolic throughput of matter and energy required to maintain constant stocks of people and physical capital, in the face of depreciation and death, is an entropic flow from ever less concentrated sources to ever filling sinks – and both sources and sinks are finite.