Wellbeing Economy 60 results

Health resilience and the global pandemic: the effect of social conditions on the COVID-19 mortality rate | Journal paper

This paper shows that countries with robust health-related policy targets aimed at reducing non-communicable diseases (NCDs) experienced significantly lower mortality rates during the first year of the Covid-19 pandemic.

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.

NZ International Science Festival

The New Zealand International Science Festival hosted Prof Jackson this year with the support of the British Council New Zealand and the Pacific. He is joined by the Director of the Centre For Sustainability, Caroline Orchinson, for this evening talk.

Why science needs the arts | Radio NZ programme with Tim Jackson

While we need less growth to put less demand on the planet's resources and slow down climate change, CUSP director Tim Jackson argues that we need more art, more plays and works of fiction to bring both sides of that argument to life.

From Davos to Reykjavík: decoupling wellbeing from growth | Keynote at Icelandic Wellbeing Economy Forum, 12 June 2023

In June this year, Iceland’s Prime Minister Katrin Jakobsdóttir hosted the first Wellbeing Economy Forum in Reykjavík. Tim Jackson’s keynote there explored the relationship between the ‘wellbeing economy’ and the ‘growth economy’ teasing out where the logic of wellbeing differs from the logic of growth.

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.

Echoes of immortality: Art and the Wellbeing Economy

Sustainability is the art of living well within the ecological limits of a finite planet. Art is more than an instrument in this project. It’s the very nature of it.A talk delivered by Tim Jackson for the Wellbeing Economy Alliance Ireland Hub, March 2023.

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.

Towards a Model of Baumol’s Cost Disease in a Postgrowth Economy—developments of the FALSTAFF stock-flow consistent (SFC) model

This working paper describes an extension of the stock-flow consistent FALSTAFF model to test the existence of a monetary growth imperative. The extension is designed to simulate the phenomenon known as Baumol’s cost disease which arises from the existence of differential labour productivity rates in a mixed economy.

Without health there is no wealth. Why do so few governments understand this?—The Guardian Opinion

Politicians are wrong to believe that we can only afford decent care in good economic times, Tim Jackson writes. Without health there is no wealth. Without care there is no health. Care is investment. It’s not a luxury consumer item.

BBC Radio 4 Rethink Series | Green economy, money and prosperity

What may switching to a green economy mean for the way we live and work and is it compatible with economic growth? Together with his invited guests and co-hosts, Amol Rajan is exploring key questions around money, prosperity and the green economy.

Degrowth can work—here’s how science can help | Nature Article

Wealthy countries can create prosperity while using less materials and energy if they abandon economic growth as an objective. This Nature comment piece together with Jason Hickel, Giorgos Kallis, Julia Steinberger and more is laying out the key challenges of a just post-growth transition.

Sunak’s growth fetish is a problem: he’s heading for the same budget trap as Truss | The Guardian Opinion piece

The siren call of climate-burning expansion bewitches British politics. More of the same will emerge in the autumn statement, Tim Jackson writes. To all intents and purposes, we’re already living in a post-growth world. And it’s time to take that challenge seriously.

Is it time to rethink endless economic growth?—Guardian Science Weekly Podcast

In the Cop27 special, Ian Sample speaks to Tim Jackson about the myth of eternal growth, other ways to think about progress and prosperity, and what an economic system in balance with our planetary system might look like.

Economic Growth—can we ever have enough? | BBC Radio 4 Analysis

As the twin storms of economic turmoil and worsening climate change grip the the world, BBC Radio 4 Analysis examines the future of economic growth. Does it offer a route out of economic malaise, or have its benefits reached a ceiling for developed countries?

Moving beyond GDP is key to tackling a world in crisis | By Paul Allin, Diane Coyle and Tim Jackson

Gross domestic product remains the predominant measure of progress across the world, it's time to change that, write Paul Allin, Diane Coyle and Tim Jackson. Amid the global threats posed by climate change, spiralling energy costs, insecure employment and widening inequality, the need to rethink our notion of progress is now an urgent priority.

Mum, Will the Planet Die Before I Do? | Climate parenting podcast series with CUSP

In an exciting new partnership with Corner Shop Media Productions, Parents for Future UK and Zero Carbon Guildford, CUSP is co-sponsoring a new weekly podcast series hosted by seasoned journalists Babita Sharma and Katy Glassborow. Mum, Will the Planet Die Before I Do? explores our role as parents and carers in tackling the climate crisis.

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.

What happens when investment firms take over UK care homes | Report and Briefing Paper

Through a series of in-depth interviews with care workers Christine Corlet Walker et al explore the impact of investment firms on working conditions and quality of care in UK care homes. Combined with an analysis of care company accounts generating insights into the impacts of financialisation on the UK care sector, the report shows how investment firms are using extreme strategies to reduce staffing levels and cut costs in the name of profit, with appalling consequences for care.

Why UK’s ‘treasured free-market economy’ will not achieve net zero

Whatever the UK government says it’s doing—and not doing—one thing is clear, Tim Jackson writes, the “treasured free-market economy” is never going to compensate for our failure to insulate people’s homes against the cold, and the future against the ravages of climate change.

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.

Aligning the UK’s economic goals with environmental sustainability | EAC inquiry

On 9 February 2022, CUSP director Tim Jackson gave oral evidence to the Environmental Audit Committee on their beyond GPD inquiry, addressing questions around growth dependency and the limitations of the 'inclusive wealth' concept.

Why health should replace wealth as the heart of prosperity | Blog by Tim Jackson and Julian Sheather

The economic system to which we are in thrall throws us out of balance, Tim Jackson and Julian Sheather write in this blog. By failing to meet our most essential needs it is doomed to immiserate and, ultimately, sicken us. We urgently need to regain a richer, more satisfying understanding of ourselves, and our place in the world. (This article first appeared on the BMJ website.)

Book launch: Wie wollen wir leben?—Tim Jackson in conversation with Barbara Unmüßig

On 18 October 2021, Tim Jackson talks to Barbara Unmüßig, director of the Heinrich Böll Foundation, about the German edition of his latest book Post Growth—’Wie wollen wir leben?’ (Oekom, 2021). The book is not just a manifesto for system change, but an invitation to rekindle a deeper conversation about the nature of the human condition.

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.

Confronting inequality in the “new normal”: Hyper‐capitalism, proto‐socialism, and post‐pandemic recovery | Journal Paper

Post‐pandemic recovery must address the systemic inequality that has been revealed by the coronavirus crisis. The roots of this inequality predate the pandemic and even the global financial crisis. They lie rather in the uneasy relationship between labor and capital under conditions of declining economic growth

Circular Metabolism | Podcast

The Circular Metabolism podcast is hosted by Aristide Athanassiadis from Metabolism of Cities. In his podcast he interviews thinkers, researchers, policy makers and practitioners to better understand the metabolism of our cities and how to reduce their environmental impact in a socially just and context-specific way.

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.

Careless Finance—Operational and economic fragility in adult social care | CUSP Working Paper

Adult social care across the OECD is in crisis. Covid-19 has exposed deep fragilities. Principal amongst these is the process of marketisation and financialisation of the social care sector. In this paper, we take a critical perspective on this process. We find that marketisation has facilitated the conditions for both financial fragility and operational failure.

COVID-19 pandemic: lessons learned one year on | Tim Jackson in conversation with Al Jazeera

In this short video from Al Jazeera, CUSP Director Tim Jackson breaks down some of the lessons learned from the pandemic, as pressure builds to fix devastating economic inequality.

Worker wellbeing and productivity in advanced economies: Re-examining the link | Journal paper

Labour productivity is a key concept for understanding the way modern economies use resources and features prominently in ecological economics. Ecological economists have questioned the desirability of labour productivity growth on both environmental and social grounds. In this paper we aim to contribute to ongoing debates by focusing on the link between labour productivity and worker wellbeing.

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.

Podcast | Covid unemployment: a new crisis?—BBC World Service with Tim Jackson

Millions have been left without work as the coronavirus pandemic continues to devastate economies across the globe. How does surging unemployment complicate the global response to the pandemic? Dan Damon and a panel of experts discuss what should be done for the BBC World Service.

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.

Recovery or Renewal? Time for an economic rethink | Blog with Craig D Rye

A recent study of long-term fluctuations in economic growth published in Nature Scientific Reports suggests both danger and opportunity in the emerging debate about post Covid-19 economic recovery. In this blog, Craig D. Rye and Tim Jackson outline the findings.

Video | Shifting priorities in post-COVID recovery—Towards an economy of wellbeing for people and planet

Panel discussion with CUSP Director Tim Jackson, Maria Joao Rodrigues (Foundation for European Progressive Studies), Apollonia Miola (OECD) and Meera Ghani (ECOLISE); hosted by Peter Schmidt (EESC).

Video | How can we build back better after COVID? | Panel discussion w/ Tim Jackson, Mariana Mazzucato, Michael Marmot and David King

Set out to engage MPs across the political spectrum, the online discussion was chaired by Krishnan Guru-Murthy (Channel 4), and expertly deliberated on the prospects for a socially and environmentally just economic recovery—which takes into account not only the need to prevent the worst of climate breakdown, but does so in a way that sustainably strengthens the wellbeing of people. Discussants were CUSP director Prof Tim Jackson, Prof Mariana Mazzucato (UCL), Sir Prof Michael Marmot (UCL) and Sir David King (former Government Chief Scientist).

Will the global economy recover from COVID-19? | Tim Jackson in Al Jazeera interview

Al Jazeera ‘Start Here’ programme with CUSP director Tim Jackson, taking an international view on the COVID-19 health and economic crisis—and where to start to ‘build back better’.

Let’s be less productive—Restoring the value of care | Opinion piece for The New York Times

The challenges facing the world and the UK today are unprecedented. A global health emergency, a global climate crisis, and a catastrophic loss of biodiversity are undermining the basis for future prosperity in the UK and across the world. This article, written for The New York Times in 2012, speaks to the theme of restoring the value of decent work to its rightful place at the heart of society.