Info, news & debate
Steady-state economics
The discipline of economics presupposes corporate capitalism and perpetual growth, which renders it invalid
Economics is not an unbiased academic discipline, it’s an ideology. Furthermore, economics is based on the false premise that perpetual growth is achievable. It is not, and the reason most people can’t see this is
Take back the city – if you’re not “proud that London is the natural habitat of the billionaire”
People of Britain, are you proud that your capital city is geared towards attracting billionaires (that’s a quote by Boris Johnson by the way)?
To all environmental groups: lifestyle change isn’t going to be enough to avert ecological catastrophe
Someone said to me the other day that he associated ‘low-impact’ with lifestyle but not with politics or economics. Someone else asked why we blogged about TTIP, economic growth or system change when we were ‘just’ an environmental organisation.
Sweden has ‘decoupled’ carbon emissions and economic growth? Why this is a lie
There was a report on the World Service this morning about how Sweden has decoupled carbon emissions from economic growth. Sweden’s economic growth in the last 25 years totals 60%. Its carbon emissions in the same time period are down 20%. So that’s it, isn’t it – the Holy Grail?
Hats off to Brandalism for exposing corporate greenwash
Genius campaign by a group called Brandalism. They managed to get around 600 spoof but corporate-looking adverts all over Paris in time for the climate talks. The fake ads were the work of 82 artists from 19 countries, and they parody the companies involved in sponsoring the climate talks.
Leader of a major Western country questions perpetual economic growth shock!
Lowimpact.org has campaigned since 2001 for stabilisation of the global economy. Our aim is to help shift humanity towards a way of being on this planet that doesn’t destroy the biosphere. And that’s not possible without stabilising the economy.
How TTIP fits perfectly with the Deregulation Act, which can overrule all other laws if they affect growth or corporate interests
The Deregulation Bill, proposed by Tory privatiser Oliver Letwin, slipped into law at the end of the last Parliament. It can change all other law, according to criteria of ‘growth’ i.e. business interests. It fits perfectly with the EU’s deregulatory agenda, and that of TTIP and the other new ‘trade’ agreements, which have largely come …
The impossibility of perpetual economic growth in four easy steps
Step 1: perpetual material growth in the economy is impossible on a finite planet.
If Corbyn became PM, what would he really be able to achieve in this system?
First, to reiterate something that has been pointed out on this site many times – the corporate empire is global and governments are national, and that fact alone means that national governments are in no position to challenge the corporate sector.
Economists: listen to this man and if you are intellectually honest you will begin to question the basic assumptions of your discipline
This guy is a genius. His name is Miklos Antal – I’d never heard of him before, but his every word cuts through the nonsense that lies at the heart of classical economic theory.
What were your ‘light bulb moments’ in understanding the way the world works? Here are mine
Here’s a rash statement, but I believe it to be true. Most people these days know, either rationally or intuitively, that humanity is heading in the wrong direction. If you ask people whether we’ve seen the back of ecological calamaties, financial collapses, corruption, poverty or war
Five myths about economic growth
We were sent this by CASSE – the Centre for the Advancement of the Steady State Economy. Love it – there are so few organisations pointing out the insanity of the quest for perpetual growth (image: http://www.polyp.org.uk).
Do you understand the term ‘exponential function’ and how dangerous it is? We think everyone should
The exponential function is a very surprising (and potentially dangerous) thing. An exponential growth curve looks like this:
Can degrowth help stop the slide towards ecological collapse?
Climate justice. A global basic income. Equitable distribution of wealth. Do these seem like wild utopian ideas? A growing body of research suggests that not only are such ideas possible, they may actually be necessary to prevent us falling off any environmental, social or economic cliffs.
The elephant in the room that will be present at all pre-election debates
Last night I attended an event organised by our local Transition group, Transition Town Tooting, where local people were able to meet and chat to parliamentary candidates for the upcoming general election.
What to say to people who claim that economic growth can continue forever
Have you ever had an argument with someone who believes that the economy can grow forever? Difficult, isn’t it? What appears completely clear and logical to you seems to confuse them.
Is the global human population too high? Steady-state people as well as steady-state economics?
There is a long-standing case made for the benefits of a steady-state economy. With climate change, collapsing biodiversity and increasing pressure on key resources, that has to be the way to go.
Are we ‘silenced by economic power’? Paris 2015 and the Hartwell Paper
In December 2011, South Africa welcomed the United Nations Framing Convention on Climate Change. The host city was Durban, where a number of years before, and just after his release from prison, Nelson Mandela had
Tim Harford – the ‘Undercover Economist’ – thinks that the economy can grow forever. Here’s why he’s wrong
Here’s an article that I came across recently. It was written by Tim Harford, the ‘Undercover Economist’, who points out that physicists are telling economists that economic growth can’t continue forever because of the exponential function
BBC: ‘Only by increasing productivity can we improve the quality of our lives’. Do you agree?
It’s a quote from an economist invited in to comment about the UK economy on the BBC World Service earlier this week (it doesn’t matter who – this is a point that virtually all economists agree on, to the shame of the discipline).