Posts


Pandemic and the Policy Roots of a Steady State Economy

By James Magnus-Johnston

Over a decade ago, a chorus of voices called for sensible policy priorities for a post-growth transition; it took a pandemic for a few of these priorities—like a universal basic income—to become a reality nearly overnight. Not that recent policy reforms have been conducted with a steady state economy in mind. Rather, politicians have been attempting to “stimulate” a moribund economy.

Let’s imagine for a moment, however, that instead of “keeping the wheels on” and propping up a struggling growth economy in the midst of a pandemic,


To Be or Not to Be: Is the European Degrowth Movement Courting an Identity Crisis?

By Brian Czech

 

To be or not to be

for lowering GDP.

Deciding is the fee

for degrowthers to be free!

(Free of confusion, that is, and degrees of self-defeat.)

 

In the heart of the Cold War, John F. Kennedy proclaimed, “Ich bin ein Berliner.” More than halfway to a century later,


Terrestrial and Solar Resources in a Steady State Economy

By Herman Daly

Let us consider a different slant on the current discussion about the necessity versus sufficiency of renewable energy for a steady state economy at the present physical scale.

Pursuant to the pioneering economics of Nicholas Georgescu-Roegen (G-R), we recognize two sources of the low-entropy flow that sustains our lives: the solar and the terrestrial. They differ in their pattern of scarcity. The solar energy source is practically infinite in its stock dimension,


The Steady Stater Stance on Renewable Energy: A Clarification

By Brian Czech

Ever since my review of Michael Moore’s Planet of the Humans, some misunderstandings have come to light about the stance of myself, and by extension CASSE, on renewable energy. One such misunderstanding—spread far and wide—is that we are “against renewables.” A clarification is definitely in order.

CASSE and steady staters at large are all for renewable energy. Of course! Along with the steady state economy as the sustainable alternative to growth,


The Second Cold War?

By Brian Snyder

Over the past two months, there has been a great deal of talk about the environmental implications of the pandemic. Some have looked for glimmers of hope, others have predicted that we will shortly return to the status quo. I fear that the biggest outcome of the pandemic will not be its death toll nor its effects on the climate, but its impacts on geopolitics. Specifically, the deteriorating relationship between China and the USA may lead to a Second Cold War.


A Post-COVID Vision: The Full and Sustainable Employment Act

By Brian Czech

If COVID-19 has taught us anything, it is that the Great God of GDP is a false god after all, impotent as Baal. The mighty American economy, with unprecedented GDP, has been knocked to its knees by one of the lowest conceivable life forms, a mere virus possessing not a single strand of DNA. Politicians who thought their legacies would be associated with “the greatest economy ever” now look like ridiculous priests of a sham religion.


Book Review: The Green New Deal and Beyond: Ending the Climate Emergency While We Still Can by Stan Cox

By Gerry Greaves

Achieving sustainable societies globally is likely to be a defining challenge of the 21st century. There is a growing realization that we must act to mitigate the climate crisis. There is also a growing understanding that social and economic injustice must be solved simultaneously. There are many ideas of how to achieve this, but none seems to have caught widespread attention as much as the Green New Deal. This resolution of the U.S.


Sequence Matters

By Herman Daly

The main message of the controversial documentary, Planet of the Humans, is that unrestrained economic and population growth should be the target of environmentalists’ efforts, not technological fixes. Techno-fixes can be helpful, but belong in second place. If put in first place they are often dangerous (e.g., nuclear power, green revolution, biomass fuel, space colonization, etc.). Technocrats enjoy usurping first place and are not humble about it.


Building a Steady State Economy in a System Evolved for Growth

By Brian F. Snyder

If you’ve been on the internet recently you’ve been exposed to Tiger King, the wildly popular Netflix series that revolves around the conflict among a bizarre set of humans feuding over the proper way to hold big cats in captivity. Watching the show is a bit like watching a train derail in slow motion, but for our purposes what is important is that it illustrates the discrepancy between the way the world is and the way the world ought to be.


The Silver Lining of the COVID-Caused Recession is Supra-Economic

By Brian Czech

COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.

In these dark times, any source of comfort is welcome.