30 November 2015 The Conversation, We can achieve sustainability – but not without limiting growth. Can Australians be sustainable and enjoy endless economic growth? It’s not likely. In a recent article on The Conversation, Steve Hatfield-Dodds argued that sustainability was possible in Australia without sacrificing economic growth. He also argued the necessary policy changes would not require fundamental changes to Australians’ values. This research was based on a detailed paper in Nature and modelling undertaken for CSIRO’s recent National Outlook Report. Contrary to this pro-growth outlook, I will argue that sustainability would be almost impossible to achieve in practice without ending growth in population and consumption per person. I’ll also argue that the claim that we don’t need to change our values cannot be proven (or disproven) by the method used by Hatfield-Dodds and colleagues. Recent experience suggests we may need to change our values. This debate is important, because the argument that sustainability is compatible with growth is likely to be misused by those who have vested interests in endless economic growth. Growth and sustainability are rarely compatible. Read More here
Category Archives: Steady State Economy
4 November 2015, The Daly News, Time to Stop Worshipping Economic Growth. There are physical limits to growth on a finite planet. In 1972, the Club of Rome issued their groundbreaking report—Limits to Growth (twelve million copies in thirty-seven languages). The authors predicted that by about 2030, our planet would feel a serious squeeze on natural resources, and they were right on target. In 2009, the Stockholm Resilience Center introduced the concept of planetary boundaries to help the public envision the nature of the challenges posed by limits to growth and physical/biological boundaries. They defined nine boundaries critical to human existence that, if crossed, could generate abrupt or irreversible environmental changes. The global economy must be viewed from a macro-perspective to realize that infringement of the planetary boundaries puts many life support ecosystems in jeopardy. Without functional ecosystems, the very survival of life forms, as well as human institutions, is put in doubt, including any economy. There is no economy on a dead planet!. These boundaries apply to te economy because the economy is a wholly-owned subsidiary of the ecosystems that make life on earth possible. (Some understanding of ecology should be a prerequisite for an advanced degree in economics!) Scientists are concerned that we have already overstepped the boundaries on biogeochemical flows(nitrogen) and biosphere integrity (genetic biodiversity). Read More here