Growth Dependency 19 results

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.

Growth and climate | French Ministry of Economy and Finance conference with Tim Jackson

The French Ministry of Economy and Finance hosted a conference on 5 December to discuss the trade-offs between emission reduction policies and economic prosperity. Hosted by Minister Bruno Le Maire, speakers of the day included CUSP director Tim Jackson, Sandrine Dixson-Declève, Pierre-Olivier Gourinchas, and Bill Gates.

Imagining a postgrowth world | Speech at the EU Beyond Growth Conference, 17 May 2023

Growth is unsustainable. But the world beyond growth is frightening. We have built an economy that is dependent on growth. We must learn anew how society works, when the economy is not growing. And we need to confront the impossibility theorems presented to us by those who resist change.

The invisible heart: postgrowth economy as care | EU Beyond Growth Conference, 15 May 2023

Care is an anathema to capitalism. Its virtues are capitalism’s vices. Its employment-rich foundation for wellbeing is capitalism’s ‘productivity crisis’. Yet, without care we are nothing, our progress is nothing. Without care there is no economy.

Pathways towards Sustainable Prosperity in the EU | Second Post-Growth conference at EU Parliament

On 15-17 May 2023, scientists, politicians, policymakers and civil society organisations are gathering in Brussels for the second Post-Growth Conference for Europe. The event is a cross-party initiative of 20 Members of the European Parliament, supported by a wide-range of partner organisations.

Video: 50th Anniversary of The Limits to Growth—What has the EU learned and where do we go from here?

Roundtable event with Dennis Meadows, Robert Costanza, Kate Raworth, and Tim Jackson; contributing to the theme of post-growth thinking within the EU institutions and across EU Member States.

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.

Is economic growth compatible with solving climate change? | Tim Jackson in conversation with Zeke Hausfather from Breakthrough Institute

Can an economy grow and curb climate emissions? That’s the dual feat that President Joe Biden is trying to accomplish. Economists and environmentalists are split on this question. The World’s host Marco Werman discusses this with climate scientist Zeke Hausfather at The Breakthrough Institute in California, and ecological economist Tim Jackson at the University of Surrey whose book, “Post Growth: Life After Capitalism,” comes out end of May.

Another Europe is Possible Podcast | Do economies always have to grow? The question facing capitalism.

In this podcast, hosts Zoe Williams and Luke Cooper talk to Tim Jackson, about his new book, Post-Growth; Life After Capitalism. Every society in the world shares a fundamental cultural assumption about how our economies work: that growth is good. But what if this is running up against both its material and ecological limits?

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.

A tale of two utopias: Work in a post-growth world | Paper

In this paper, we aim to contribute to the literature on post-growth futures. Modern imaginings of the future are constrained by the assumptions of growth-based capitalism. To escape these assumptions we turn to utopian fiction.

Wellbeing Matters—Tackling growth dependency | Policy Briefing for APPG on Limits to Growth

This policy briefing highlights some alternatives to the conventional approach to measuring social progress. It presents a three-fold strategy for moving beyond GDP by: changing the way we measure success; building a consistent policy framework for a ‘wellbeing economy’; and addressing the ‘growth dependency’ of the economy.

An Economy That Works Briefing Paper Series, No 1 Tim Jackson

Understanding the ‘New Normal’—The Challenge of Secular Stagnation | Policy Briefing for APPG on Limits to Growth

This first in a series of briefing papers on building An Economy That Works explores the underlying phenomenon of ‘secular stagnation’ – a long-term decline in the rate of growth of the Gross Domestic Product (GDP). The paper examines the evidence, explores the causes and discusses the implications of what some now call the ‘new normal’.

The Post-Growth Challenge — Secular Stagnation, Inequality and the Limits to Growth | Paper

Sluggish recovery in the wake of the financial crisis has revived discussion of a ‘secular stagnation’. These conditions have been blamed for rising inequality and political instability. Tim Jackson contests this view, pointing instead to a steadfast refusal to address the ‘post-growth challenge’.