Prosperity Without Growth

Author: Tim Jackson
Publisher: Routledge
ISBN: 1317388216
Size: 37.72 MB
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What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Prosperity Without Growth

Author: Tim Jackson
Publisher: Routledge
ISBN: 1849713235
Size: 57.95 MB
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Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson makes a compelling case against continued economic growth in developed nations. In the advanced economies there is mounting evidence that ever-increasing consumption adds little to human happiness and may even impede it. More urgently, it is now clear that the ecosystems that sustain our economies are collapsing under the impacts of rising consumption. Tim Jackson provides a credible vision of how human society can flourish – within the ecological limits of a finite planet. Fulfilling this vision is simply the most urgent task of our times.

Prosperity Without Growth

Author: Tim Jackson
Publisher: Routledge
ISBN: 1849713235
Size: 24.29 MB
Format: PDF, ePub, Mobi
View: 6776
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Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson makes a compelling case against continued economic growth in developed nations. In the advanced economies there is mounting evidence that ever-increasing consumption adds little to human happiness and may even impede it. More urgently, it is now clear that the ecosystems that sustain our economies are collapsing under the impacts of rising consumption. Tim Jackson provides a credible vision of how human society can flourish – within the ecological limits of a finite planet. Fulfilling this vision is simply the most urgent task of our times.

Managing Without Growth

Author: Peter A. Victor
Publisher: Edward Elgar Publishing
ISBN: 1848442998
Size: 65.54 MB
Format: PDF
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Managing Without Growth offers a compelling argument for the need for a new policy focus in the rich nations. Peter Victor argues that it is time for our obsession with economic growth to end. A new focus on human well-being must replace our more is better philosophy. Brett Dolter, Briarpatch Magazine Peter Victor clearly presents the arguments as to why already relatively rich countries may have to manage low or no growth in their economies if they wish to address rather than continue contributing to global environmental problems. His modelling suggests that managing without growth need not be the economic disaster that is so often assumed. This is a lucid book that provides an excellent introduction to this important but neglected area. Paul Ekins, King's College London, UK At last, Managing Without Growth, a book that puts economics in its proper place within the real world and points the direction we must go in confronting the ecological crisis of the planet. As an economist, environmental studies professor Peter Victor is eminently qualified for the task. He examines some of our most fundamental assumptions and beliefs about the market, pricing, free trade and growth, prosperity and happiness that too often preclude a serious consideration of the environment and economy. His book couldn t be a more timely and important analysis of the destructive consequences of aspiring to endless growth and downloading the costs onto nature itself. He makes a powerful case for the need to work deliberately towards a steady state economy where the real world of the biosphere should set the limits to our activity. Victor s book should be at the basis for our discussion of these critical issues today. David Suzuki, broadcaster and activist Peter Victor analyses the critical policy question of our time, how to manage our economy equitably and efficiently without growing beyond biophysical limits. He reasons carefully and rigorously, yet pulls no punches in drawing conclusions that some will consider radical. A superb book! Herman E. Daly, University of Maryland, US Overcoming our addiction to economic growth is one of the most important challenges for the 21st century. Peter Victor s masterful summary of the history and fallacies of this particularly pervasive and increasingly dangerous addiction will be a great help in getting over it. A sustainable and desirable future requires clearly differentiating between bigger and better and a recognition that in the overdeveloped West these two have parted ways. Peter Victor s book will help us slow down by design, not disaster, and understand how that slowing down will in fact increase our quality of life. Robert Costanza, The University of Vermont, US Peter Victor s book is a carefully crafted argument for managing without growth . It is not only an up-to-date survey of the latest thinking on energy, climate, and population, it offers practical policy responses to these challenges. This book is a must read for academics and policymakers concerned with environmental integrity and human wellbeing. John Gowdy, Rensselaer Polytechnic Institute, US Peter Victor challenges the priority that rich countries continue to give to economic growth as an over-arching objective of economic policy. The challenge is based on a critical analysis of the literature on environmental and resource limits to growth, on the disconnect between higher incomes and happiness, and on the failure of economic growth to meet other key economic, social and environmental policy objectives. Shortly after World War II, economic growth became the paramount economic policy objective in most countries, a position that it maintains today. This book presents three arguments on why rich countries should turn away from economic growth as the primary policy objective and pursue more specific objectives that enhance wellbeing. The author contends that continued economic growth worldwide is unrealistic due to environmental and

Reinventing Prosperity

Author: Graeme Maxton
Publisher: Greystone Books
ISBN: 1771642521
Size: 72.53 MB
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The biggest challenges facing human wellbeing today are widening income inequality, continuing global poverty, and environmental degradation. Luckily, these problems are simple to solve — in theory. In practice, however, they are much harder to solve, because we are required to come up with solutions that are acceptable to a political majority in the rich world. Most of the commonly proposed “solutions” are simply not acceptable to most people. Many of these proposed solutions — like stopping the use of fossil fuels — require a sacrifice today in order to obtain an uncertain advantage in the far future. Therefore they are politically infeasible in the modern world, which is marked by relatively short term thinking. In Reinventing Prosperity, Graeme Maxton and Jorgen Randers provide a new approach altogether through thirteen recommendations which are both politically acceptable and which can be implemented in the current period of slow economic growth around the world. Reinventing Prosperity solves the forty year old growth/no-growth standoff, by providing a solution to income inequality, continuing global poverty and climate change, a solution that will provide for economic growth but with a declining ecological footprint. Reinventing Prosperity shows us how to live better on our finite planet — and in ways we can agree on.

Farewell To Growth

Author: Serge Latouche
Publisher: Polity
ISBN: 0745646174
Size: 25.48 MB
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Most of us who live in the North and the West consume far too much – too much meat, too much fat, too much sugar, too much salt. We are more likely to put on too much weight than to go hungry. We live in a society that is heading for a crash. We are aware of what is happening and yet we refuse to take it fully into account. Above all we refuse to address the issue that lies at the heart of our problems – namely, the fact that our societies are based on an economy whose only goal is growth for growth’s sake. Serge Latouche argues that we need to rethink from the very foundations the idea that our societies should be based on growth. He offers a radical alternative – a society of ‘de-growth’. De-growth is not the same thing as negative growth. We should be talking about ‘a-growth’, in the sense in which we speak of ‘a-theism’. And we do indeed have to abandon a faith or religion – that of the economy, progress and development—and reject the irrational and quasi-idolatrous cult of growth for growth’s sake. While many realize that that the never-ending pursuit of growth is incompatible with a finite planet, we have yet to come to terms with the implications of this – the need to produce less and consume less. But if we do not change course, we are heading for an ecological and human disaster. There is still time to imagine, quite calmly, a system based upon a different logic, and to plan for a ‘de-growth society’.

The Good Life Beyond Growth

Author: Hartmut Rosa
Publisher: Routledge
ISBN: 1134885245
Size: 16.63 MB
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Many countries have experienced a decline of economic growth for decades, an effect that was only aggravated by the recent global financial crisis. What if in the 21st century this is no longer an exception, but the general rule? Does an economy without growth necessarily bring hardship and crises, as is often assumed? Or could it be a chance for a better life? Authors have long argued that money added to an income that already secures basic needs no longer enhances well-being. Also, ecological constraints and a sinking global absorption capacity increasingly reduce the margin of profitability on investments. Efforts to restore growth politically, however, often lead to reduced levels of social protection, reduced ecological and health standards, unfair tax burdens and rising inequalities. Thus it is time to dissolve the link between economic growth and the good life. This book argues that a good life beyond growth is not only possible, but highly desirable. It conceptualizes "the good life" as a fulfilled life that is embedded in social relations and at peace with nature, independent of a mounting availability of resources. In bringing together experts from different fields, this book opens an interdisciplinary discussion that has often been restricted to separate disciplines. Philosophers, sociologists, economists and activists come together to discuss the political and social conditions of a good life in societies which no longer rely on economic growth and no longer call for an ever expanding circle of extraction, consumption, pollution, waste, conflict, and psychological burnout. Read together, these essays will have a major impact on the debates about economic growth, economic and ecological justice, and the good life in times of crisis.

Cities In Transition

Author: Thomas Sauer
Publisher: Routledge
ISBN: 1317410149
Size: 36.63 MB
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Cities in Transition focuses on the sustainability transitions initiated in 40 European cities. The book presents the incredible wealth of insights gathered through hundreds of interviews and questionnaires. Four key domains—local energy systems, local green spaces, local water systems and local labour markets—have been the focus of the field research investigating local potentials for social innovation and new forms of civil society self-organisation. Examining the potential of new organizational frameworks like co-operatives, multi-stakeholder constructions, local-regional partnerships and networks for the success of such transitions, this book presents the key ingredients of a sustainable urban community as a viable concept to address current global financial, environmental and social challenges. Crucial reading for academics and practitioners of urban planning and sustainability in Europe, Cities in Transition is an innovative roadmap for sustainability in changing cities.

Good Capitalism Bad Capitalism And The Economics Of Growth And Prosperity

Author: William J. Baumol
Publisher: Yale University Press
ISBN: 9780300134797
Size: 42.58 MB
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Imagine this: a mere century ago, the purchasing power of an average American was one-tenth of what it is today. But what will it take to sustain that growth through the next century? And what can be said about economic growth to aspiring nations seeking higher standards of living for their citizens? In this important book, William Baumol, Robert Litan, and Carl Schramm contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that capitalism is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. The authors identify the conditions that characterise Good Capitalism: the right blend of entrepreneurial and established firms, which can vary among countries; as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This path-breaking book is a must read for any one who cares about global growth and how to ensure America's economic future.

Energy And Economic Growth

Author: Timothy J. Foxon
Publisher: Routledge
ISBN: 1317210182
Size: 54.56 MB
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Access to new sources of energy and their efficient conversion to provide useful work have been key drivers of economic growth since the industrial revolution. Western countries now need to transform their energy systems and move away from the single-minded pursuit of economic growth in order to reduce our carbon emissions, and to allow the environmental space for other countries to develop in a more sustainable way. Achieving this requires understanding of the dynamics of economic and industrial change with appreciation of the dependence of economies on ecological systems. Energy and Economic Growth thus examines the links between three issues: history of energy sources, technologies and uses; ecological challenges associated with the current dominant economic growth paradigm; and the future low carbon energy transition to mitigate human-induced climate change. Providing a historical understanding of the relevant connections between physical, social and economic changes, the book enables the reader to better understand the connection between their own energy use and global economic and environmental systems, and to be able to ask the right questions of our political and business leaders. This is a valuable resource for students, scholars and policy makers with an interest in energy, climate change and economic thinking.