A Post-Growth Economy in France?
Heads of state and top economists actively discussing and debating a post-growth economy? Now that’s progress!
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97 search results for: degrowth to a steady state economy
Read and Sign the Position Statement
Whereas:
1) Economic growth, as defined in standard economics textbooks, is an increase in the production and consumption of goods and services, and;
2) Economic growth occurs when there is an increase in the multiplied product of population and per capita consumption, and;
3) The global economy grows as an integrated whole consisting of agricultural, extractive, manufacturing, and services sectors that require physical inputs and produce wastes, and;
4) Economic growth is often and generally indicated by increasing real gross domestic product (GDP) or real gross national product (GNP),
Definition of Steady State Economy
Summary
A steady state economy is an economy of stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or degrowth. To be sustainable, a steady state economy may not exceed ecological limits.
A steady state economy entails stabilized population and per capita consumption.
Approaching the Energy Cliff
/17 Commentsby Dave Rollo
Warn anyone in the USA about the coming energy crisis and you’re likely to see eyes roll. “What energy crisis? That was half a century ago! Markets and technology won. Today we’re back among the top oil suppliers!”
All true, but the response gives a false sense of security that has policymakers and publics sleepwalking toward a cliff. An energy crisis is likely ahead, no matter our rank (currently third) among oil supplying nations.
A Primer on Economic Growth and Biodiversity for COP16
/11 Commentsby Brian Czech
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,
Whose Behavior Needs to Change? The Other Side of the International Development Coin
/10 Commentsby Alix Underwood
“Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime.” The Western-led international development sector, born in the aftermath of World War II, has evolved according to this (ironically) Chinese proverb. To better reflect the status of international development, I would append the following sentences to the worn-out proverb: “Use advanced extractive technology to harvest all the fish from the man’s ocean,
Service Providers in the Trophic Theory of Money
/5 Commentsby Brian Czech
Steady State Herald readers are familiar with the theory that money originates from an agricultural surplus that frees hands for the division of labor—and thenceforth the exchanging of money. This trophic theory of money (TTOM) helps us understand not only the historical origins of money, such as in Mesopotamia (the “Cradle of Cash”), but also the annual origins of “warranted money” in the grain belts of the world.
The Olympic Spirit: Friendly Competition or Unsustainable Growth?
/0 Commentsby Mark Cramer
Every four years, the Summer Olympics present a rare opportunity for friendly competition and collaboration among nations. The public has an opportunity to witness a myriad of sports that otherwise never make the headlines. Talented athletes get a rare chance to display their skills before an international audience.
The Olympics offer a venue for peaceful, international solidarity. Yet they also present a seemingly insurmountable ecological challenge. To begin with,