Growth is outdated and unsustainable as a driving goal of economics. Various writers and think-tanks have been chatting about what some call a ‘steady-state economy’ or ‘post-growth economy’. I prefer the second term, as it brings to mind something more advanced and modern, rather than something static. This post by Make Wealth History is the best summary of the concept I’ve ever seen. Bring it on!
Behind the problems of climate change, resource depletion and biodiversity loss, not to mention a fair degree of injustice, is our pursuit of economic growth. It is the driver behind ever increasing consumption, and we will never achieve a sustainable society without addressing the issue of growth.
There is one compelling, and in my opinion inevitable, solution to growth – learning to live without it. But what does a post-growth economy look like?
This is my attempt to answer some of the common questions around this new economy. If you’ve got a question that I haven’t covered, add it as a comment and we’ll discuss it together.
Does a sustainable economy mean an end to progress and change?
‘I don’t want to live in an economy where everything is the same, where progress is halted and human creativity is stifled’, is a common response to post-growth theories. I agree absolutely…
View original post 1,220 more words