Growth and the planet | Reuters Podcast
Climate change is raising questions about a central tenet of economics: growth. Host Carmel Crimmins is joined by economist Tim Jackson to talk about consumerism and the environment and what “post growth” might look like. Plus, we hear from the person who compiles Bhutan’s Gross National Happiness index.
Confronting the dilemma of growth. A response to Warlenius.
This commentary responds to a recent article purporting to identify ‘limits to degrowth’. This paper clarifies and sets in context the tensions between growth rates and decoupling rates on which the contested argument is based, disputing the claim that growth is the best way to achieve high rates of decoupling.
Growth dependency in the welfare state | Journal Paper
Modern economies rely on economic growth for stability and prosperity, but this dependence is ecologically unsustainable. Understanding growth dependency is crucial. This paper proposes a sector-led framework to transform these reliances and disrupt their inevitability.
A critique of the marketisation of long-term residential and nursing home care | Journal Paper
Long-term care systems across countries within the OECD have undergone a progressive marketisation and financialisation in recent decades. In this Personal View, we argue that the accomapnying neoliberal market values make poor guiding principles for the care sector, identifying the dysfunctional dynamics that arise as a result, and reflecting on the clinical implications of each, with a focus on facility-based care.
Earth vs Growth | Economic Observatory Blog by Tim Jackson
Carbon efficiency is improving, but far too slowly to offset climate change. We need to get beyond our relentless pursuit of growth, writes Tim Jackson for the Economics Obersavatory ahead of COP26. Only a few economists – and even fewer politicians – have challenged the primacy of economic growth. But being frightened to scare the horses is no way to win the race against climate change.
Tackling growth dependency—the case of adult social care | Report and Briefing
Paper by Christine Corlet Walker and Tim Jackson, presenting a systematic approach to identifying, analysing and transforming growth dependencies in the welfare state. Using adult social care as the case study, the paper explores how growing demand, rising costs and rent seeking can create growth dependencies.
Welfare systems without economic growth | Review paper
Welfare systems across the OECD face many combined challenges, with rising inequality, demographic changes and environmental crises likely to drive up welfare demand in the coming decades. Economic growth is no longer a sustainable solution to these problems. It is therefore imperative that we consider how welfare systems will cope with these challenges in the absence of economic growth. This paper by Christine Corlet Walker, Angela Druckman together with Tim Jackson reviews the literature tackling this complex problem.
Podcast | Curb excess capitalism to save nature |@BBC5Live with Tim Jackson
The possibility that we can live better, healthier and more fulfilling lives without the relentless consumption that damages the planet was one of the points of discussion when BBC presenter Nihal Arthanayake invited CUSP Director Tim Jackson and Policy Exchange analyst Benedict McAleenan to discuss the implications of Sir David’s remarks on Radio 5 Live’s Afternoon Edition today. Good lives don’t have to cost the earth. It’s time for capitalism to recognise that.
The Transition to a Sustainable Prosperity | Journal Paper by Tim Jackson and Peter Victor
This paper presents a stock-flow consistent (SFC) macroeconomic simulation model for Canada. Contrary to the widely accepted view, the results suggest that ‘green growth’ (in the Carbon Reduction Scenario) may be slower than ‘brown growth’. More importantly, we show (in the Sustainable Prosperity Scenario) that improved environmental and social outcomes are possible even as the growth rate declines to zero.