degrowth

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American Marxism by Mark R. Levin

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", 2021 United States Capitol attack, affirmative action, American ideology, belling the cat, Bernie Sanders, Big Tech, BIPOC, Black Lives Matter, British Empire, carbon tax, centre right, clean water, collective bargaining, colonial exploitation, conceptual framework, coronavirus, COVID-19, creative destruction, critical race theory, crony capitalism, data science, defund the police, degrowth, deindustrialization, deplatforming, disinformation, Donald Trump, energy security, Food sovereignty, George Floyd, green new deal, Herbert Marcuse, high-speed rail, illegal immigration, income inequality, liberal capitalism, lockdown, Mark Zuckerberg, means of production, Michael Shellenberger, microaggression, New Journalism, open borders, Parler "social media", planned obsolescence, rolling blackouts, Ronald Reagan, school choice, school vouchers, single-payer health, tech billionaire, the market place, urban sprawl, yellow journalism

The best way to explain this is to expose what certain of its leading advocates have to say. In their essay, “What Is Degrowth—From an Activist Slogan to a Social Movement,” leading degrowthers Federico Demaria, Francois Schneider, Filka Sekulova, and Joan Martin-Alier write that “[d]egrowth was launched in the beginning of the 21st century as a project of voluntary societal shrinking of production and consumption aimed at social and ecological sustainability. It quickly became a slogan against economic growth and developed into a social movement…. Unlike sustainable development, which is a concept based on false consensus, degrowth does not aspire to be adopted as a common goal by the United Nations, the OECD [Organisation for Economic Co-operation and Development] or the European Commission.

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Unlike sustainable development, which is a concept based on false consensus, degrowth does not aspire to be adopted as a common goal by the United Nations, the OECD [Organisation for Economic Co-operation and Development] or the European Commission. The idea of ‘socially sustainable degrowth,’ or simply degrowth, was born as a proposal for radical change. The contemporary context of neo-liberal capitalism appears as a post-political condition, meaning a political formation that forecloses the political and prevents the politicization of particular demands. Within this context, degrowth is an attempt to re-politicize the debate on much needed socio-ecological transformation, affirming dissidence with the current world representations and search for alternative ones…. Degrowth… challenges the ideas of ‘green growth’ or ‘green economy’ and the associated belief in economic growth as a desirable path in political agendas….

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Degrowth… challenges the ideas of ‘green growth’ or ‘green economy’ and the associated belief in economic growth as a desirable path in political agendas…. Degrowth is not just an economic concept. [I]t is a frame constituted by a large array of concerns, goals, strategies and actions. As a result, degrowth has now become a confluence point where streams of critical ideas and political action converge.”8 Hence, the goal is to reverse the massive economic progress resulting from, among other things, the Industrial Revolution, which created a huge, vibrant middle class and infinite technological, scientific, and medical advancements that have overwhelmingly improved the human condition. The quartet continues: “Degrowth has evolved into an interpretative frame for a social movement, understood as the mechanism through which actors engage in a collective action.

Less Is More: How Degrowth Will Save the World by Jason Hickel

air freight, Airbnb, Anthropocene, basic income, Bernie Sanders, Big bang: deregulation of the City of London, biodiversity loss, Boris Johnson, Bretton Woods, British Empire, capital controls, circular economy, cognitive dissonance, coronavirus, corporate governance, corporate personhood, cotton gin, COVID-19, David Graeber, decarbonisation, declining real wages, degrowth, deindustrialization, dematerialisation, disinformation, Elon Musk, energy transition, Extinction Rebellion, extractivism, Fairphone, Fellow of the Royal Society, flying shuttle, Fractional reserve banking, Francis Fukuyama: the end of history, full employment, gender pay gap, green new deal, Greta Thunberg, income inequality, Intergovernmental Panel on Climate Change (IPCC), invention of the steam engine, James Watt: steam engine, Jeff Bezos, Jevons paradox, John Maynard Keynes: Economic Possibilities for our Grandchildren, land reform, liberal capitalism, lockdown, longitudinal study, low interest rates, Mahatma Gandhi, Mark Zuckerberg, McMansion, means of production, meta-analysis, microbiome, Money creation, moral hazard, mortgage debt, Murray Bookchin, Naomi Klein, negative emissions, new economy, ocean acidification, offshore financial centre, oil shale / tar sands, opioid epidemic / opioid crisis, out of africa, passive income, planetary scale, planned obsolescence, plutocrats, Post-Keynesian economics, quantitative easing, rent control, rent-seeking, retail therapy, Ronald Reagan, Rupert Read, Scramble for Africa, secular stagnation, shareholder value, sharing economy, Simon Kuznets, structural adjustment programs, the scientific method, The Spirit Level, transatlantic slave trade, trickle-down economics, universal basic income

For my take on this scenario, see Hickel and Kallis, ‘Is green growth possible?’ 47 See: Serge Latouche, Farewell to Growth (Polity, 2009); Giorgos Kallis, Christian Kerschner and Joan Martinez-Alier, ‘The economics of degrowth,’ Ecological Economics 84, 2012, pp. 172–180; Giacomo D’Alisa et al., eds., Degrowth: A Vocabulary for a New Era (Routledge, 2014); Giorgos Kallis, Degrowth (Agenda Publishing, 2018). 48 For a history and overview of degrowth, see Kallis, Degrowth; for global South perspectives see Arturo Escobar, ‘Degrowth, postdevelopment, and transitions: a preliminary conversation,’ Sustainability Science, 2015. 49 For this framing I am indebted to Timothy Morton, Ecology Without Nature (Harvard University Press, 2007).

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How can we possibly bring all of these together? When I set out to write this book, I worried about using degrowth as a central frame. It is only a first step, after all. But as I think about the journey we’ve been on, I wonder if it is also more than that. Degrowth stands for de-colonisation, of both lands and peoples and even our minds. It stands for the de-enclosure of commons, the de-commodification of public goods, and the de-intensification of work and life. It stands for the de-thingification of humans and nature, and the de-escalation of ecological crisis. Degrowth begins as a process of taking less. But in the end it opens up whole vistas of possibility.

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It takes energy to package those products and send them around the world on trucks and trains and aeroplanes, to build warehouses for storage and retail outlets for sales, and to process all the waste when they’re binned. Capitalism is a giant energy-sucking machine.1 In order to reduce energy use, we need to slow it all down. Slow down the mad pace of extraction, production and waste, and slow down the mad pace of our lives. This is what we mean by ‘degrowth’. Again, degrowth is not about reducing GDP. It is about reducing the material and energy throughput of the economy to bring it back into balance with the living world, while distributing income and resources more fairly, liberating people from needless work, and investing in the public goods that people need to thrive.

Prosperity Without Growth: Foundations for the Economy of Tomorrow by Tim Jackson

"World Economic Forum" Davos, Alan Greenspan, bank run, banking crisis, banks create money, Basel III, basic income, biodiversity loss, bonus culture, Boris Johnson, business cycle, carbon footprint, Carmen Reinhart, Cass Sunstein, choice architecture, circular economy, collapse of Lehman Brothers, creative destruction, credit crunch, Credit Default Swap, critique of consumerism, David Graeber, decarbonisation, degrowth, dematerialisation, en.wikipedia.org, energy security, financial deregulation, Financial Instability Hypothesis, financial intermediation, full employment, Garrett Hardin, Glass-Steagall Act, green new deal, Growth in a Time of Debt, Hans Rosling, Hyman Minsky, impact investing, income inequality, income per capita, intentional community, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invisible hand, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kenneth Rogoff, Kickstarter, laissez-faire capitalism, liberal capitalism, low interest rates, Mahatma Gandhi, mass immigration, means of production, meta-analysis, Money creation, moral hazard, mortgage debt, Murray Bookchin, Naomi Klein, negative emissions, new economy, ocean acidification, offshore financial centre, oil shale / tar sands, open economy, paradox of thrift, peak oil, peer-to-peer lending, Philip Mirowski, Post-Keynesian economics, profit motive, purchasing power parity, quantitative easing, retail therapy, Richard Thaler, road to serfdom, Robert Gordon, Robert Solow, Ronald Reagan, science of happiness, secular stagnation, short selling, Simon Kuznets, Skype, smart grid, sovereign wealth fund, Steve Jobs, TED Talk, The Chicago School, The Great Moderation, The Rise and Fall of American Growth, The Spirit Level, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thorstein Veblen, too big to fail, Tragedy of the Commons, universal basic income, Works Progress Administration, World Values Survey, zero-sum game

Where do the foundations laid down in the previous chapter leave us in relation to the two horns of that dilemma? ‘Our degrowth is not their recession’ The dilemma of growth has us caught between the desire to maintain economic stability and the need to remain within ecological limits. On the one hand, endless growth looks environmentally unsustainable; on the other hand, degrowth appears to be socially and economically unstable. Logically speaking, there are two distinct escape routes from this dilemma. One is to make growth more sustainable; the other is to make degrowth more stable. There’s a particularly striking (and sometimes acrimonious) division between those who choose differently between these two options.

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Once consumption begins to falter the economy starts running into trouble. Investment falls, jobs are lost, businesses go bust, government deficits rise and the economy risks falling into a deflationary spiral. The degrowth response to this challenge is an interesting but not entirely satisfactory one. One of the catchphrases of the movement insists that ‘our degrowth is not their recession’. Degrowth is not the opposite of growth or even the absence of growth. Rather it is, in the words of its proponents, a ‘missile concept’ designed to ‘open up a debate silenced by the “sustainable development” consensus’.

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Is production expanding or is it contracting? Is demand rising or is it falling? The word ‘degrowth’ suggests that one or other of these things is falling. In which case, the challenge is to show how the consequences associated with the second horn of the dilemma are to be avoided. How are jobs protected? How are debts managed? How is stability ensured? Oddly, the questions themselves have not always met with approval from the degrowth movement, many of whom call for an ‘exit from the economy’ and regard degrowth as ‘an invitation to abandon economistic thinking’.8 From a philosophical point of view, it’s easy to have some sympathy with this position.

Sacred Economics: Money, Gift, and Society in the Age of Transition by Charles Eisenstein

Albert Einstein, back-to-the-land, bank run, Bernie Madoff, big-box store, bread and circuses, Bretton Woods, capital controls, carbon credits, carbon tax, clean water, collateralized debt obligation, commoditize, corporate raider, credit crunch, David Ricardo: comparative advantage, debt deflation, degrowth, deindustrialization, delayed gratification, disintermediation, diversification, do well by doing good, fiat currency, financial independence, financial intermediation, fixed income, floating exchange rates, Fractional reserve banking, full employment, global supply chain, God and Mammon, happiness index / gross national happiness, hydraulic fracturing, informal economy, intentional community, invisible hand, Jane Jacobs, land tenure, land value tax, Lao Tzu, Lewis Mumford, liquidity trap, low interest rates, McMansion, means of production, megaproject, Money creation, money: store of value / unit of account / medium of exchange, moral hazard, mortgage debt, multilevel marketing, new economy, off grid, oil shale / tar sands, Own Your Own Home, Paul Samuelson, peak oil, phenotype, planned obsolescence, Ponzi scheme, profit motive, quantitative easing, race to the bottom, Scramble for Africa, special drawing rights, spinning jenny, technoutopianism, the built environment, Thomas Malthus, too big to fail, Tragedy of the Commons

The Riksbank, Buiter, Mankiw, and other mainstream advocates of negative interest rates see them as a temporary measure to force the banks to restart lending and make cheap credit available until the economy starts growing again, at which point, presumably, interest rates would rise back into positive territory. If, however, we are entering a permanent zero-growth or degrowth economy, negative interest rates could become permanent too. The proper rate of interest, positive or negative, depends on whether the economy is to grow or shrink. In the old thinking, monetary policy was intended to spur economic growth or to restrain it to a sustainable level. In the new thinking, monetary policy strives to match the base interest rate to the economic growth (or degrowth) rate. Keynes estimated that it should be “roughly equal to the excess of the money-rate of interest over the marginal efficiency of capital corresponding to a rate of new investment compatible with full employment.”

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Compared to the complex, high-tech processes that go into pharmaceutical medicine, herbal medicine is cheap to produce. Many of the best medicinal plants are near-ubiquitous weeds. A shift toward herbal medicine, homeopathic medicine, and the myriad mind-body modalities blossoming today promises economic degrowth, yet it entails no reduction in our quality of life.4 Another area for economic degrowth is architecture and urban design. In addition to disconnecting us from community, nature, and place, the expansive, alienating suburbs of the last two generations demand enormous consumption of resources. Now, though, planners and builders are rediscovering the virtues of high-density urban design, smaller dwellings, mass-transit-friendly layouts, and multiuse developments that don’t require so much driving.

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Yet the implied promise, that soon we would all have to work only one-thousandth as hard, shows no signs of manifesting. And here I am promising it again. Will this vision likewise prove to be a mirage? No. The key difference is that we won’t rely on technological improvements in efficiency alone to enable greater leisure. The key is degrowth, not efficiency. It seems very counterintuitive: that degrowth—economic recession—will be what ushers in true affluence for the many. In a growth economy, the labor that could be freed up through technological progress is devoted instead to producing more and more stuff. If in 1870 it took ten labor-hours to produce the necessities of life for a household, and today it takes one labor-hour to produce the same quantity of things, then our system conspires to make us consume as much as ten households did in 1870.

The Fair Trade Scandal: Marketing Poverty to Benefit the Rich by Ndongo Sylla

"there is no alternative" (TINA), British Empire, carbon footprint, corporate social responsibility, David Ricardo: comparative advantage, deglobalization, degrowth, Doha Development Round, Food sovereignty, global value chain, illegal immigration, income inequality, income per capita, invisible hand, Joseph Schumpeter, labour mobility, land reform, market fundamentalism, mass immigration, means of production, Mont Pelerin Society, Naomi Klein, non-tariff barriers, offshore financial centre, open economy, Philip Mirowski, plutocrats, price mechanism, purchasing power parity, Ronald Reagan, Scientific racism, selection bias, structural adjustment programs, The Wealth of Nations by Adam Smith, trade liberalization, transaction costs, transatlantic slave trade, trickle-down economics, vertical integration, Washington Consensus, zero-sum game

What we need therefore is an ‘alternative to development’, such as ‘friendly degrowth’ and ‘localism’. By entering into the paradigm of sustainable development, Fair Trade still did not escape the wrath of degrowth partisans. Although they espouse many alterglobalist arguments, such as the opportunistic takeover of Fair Trade by the ‘Big Capital’, they go further yet (see Pedregal, 2006 for a presentation of these arguments). First, they challenge its ‘consumerist’ model. According to the degrowth movement, Fair Trade promotes more consumption to solve human problems. However, degrowth is not only inevitable, but also, in terms of a societal choice, the only means of maximising the life expectancy of humanity and of future generations.

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It would seem that only 13 per cent of the French people know the difference between the many labels that claim to practise Fair Trade.14 The Point of View of Degrowth Among alterglobalist critics, a form of critique with environmentalist undertones deserves particular attention due to the originality of its assumption: the degrowth movement. This perspective is notable in France. Its partisans are self-proclaimed ‘growth objectors’ who radically challenge the contemporary productivist model and its corollary, the relentless quest for economic growth. 81 Sylla T02779 01 text 81 28/11/2013 13:04 the fair trade scandal Décroissance, Entropie-Écologie-Économie [Degrowth: Entropy–Ecology– Economy] (1995 [1979]), by the eminent Romanian economist Nicholas Georgescu-Roegen, is the theoretical basis of the degrowth movement.

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Sylla T02779 00 pre 5 28/11/2013 13:04 Sylla T02779 00 pre 6 28/11/2013 13:04 Contents List of illustrationsix Acknowledgementsxi List of acronyms and abbreviationsxii Introduction 1 1 On the Inequalities of the International Trade System8 International trade: a lever for a minority, a handicap for the  majority 11 The problem with primary specialisation: a look back on   unequal exchange 16 Biased practices… 25 … facilitated by asymmetric game rules 31 Conclusion 33 2 The Fair Trade Universe A brief history of the movement Introduction to the Fair Trade system: The role of FLO The marketing success of FT: some figures The war of labels Conclusion 34 35 45 51 53 56 3 Controversies Around Fair Trade58 The origins of a debate: the abolitionist movement 60 The origins of a debate: the tradition of free trade 63 Free trade vs Fair Trade: the neoliberal critique 68 The alterglobalist critique: the flaws of the promotion of   social justice via the free market 74 The point of view of degrowth 81 Conclusion 83 4 Redeeming the Free Market as a Solution to Poverty: The Limitations of the FT Economic Model85 Limitations of accounting for the ‘sustainable’ 86 Uncertainties and asymmetries of the FT economic model 99 The local impact of Fair Trade 109 Conclusion 119 Sylla T02779 00 pre 7 28/11/2013 13:04 the fair trade scandal 5 Looking for the Global Impact of Fair Trade120 A non-existent global economic impact 121 Fair Trade does not benefit the poorest 129 Fair Trade: an alternative to neoliberalism?

More From Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources – and What Happens Next by Andrew McAfee

back-to-the-land, Bartolomé de las Casas, Berlin Wall, bitcoin, Blitzscaling, Branko Milanovic, British Empire, Buckminster Fuller, call centre, carbon credits, carbon footprint, carbon tax, Charles Babbage, clean tech, clean water, cloud computing, congestion pricing, Corn Laws, creative destruction, crony capitalism, data science, David Ricardo: comparative advantage, decarbonisation, DeepMind, degrowth, dematerialisation, Demis Hassabis, Deng Xiaoping, do well by doing good, Donald Trump, Edward Glaeser, en.wikipedia.org, energy transition, Erik Brynjolfsson, failed state, fake news, Fall of the Berlin Wall, Garrett Hardin, Great Leap Forward, Haber-Bosch Process, Hans Rosling, humanitarian revolution, hydraulic fracturing, income inequality, indoor plumbing, intangible asset, James Watt: steam engine, Jeff Bezos, job automation, John Snow's cholera map, joint-stock company, Joseph Schumpeter, Khan Academy, Landlord’s Game, Louis Pasteur, Lyft, Marc Andreessen, Marc Benioff, market fundamentalism, means of production, Michael Shellenberger, Mikhail Gorbachev, ocean acidification, oil shale / tar sands, opioid epidemic / opioid crisis, Paul Samuelson, peak oil, precision agriculture, price elasticity of demand, profit maximization, profit motive, risk tolerance, road to serfdom, Ronald Coase, Ronald Reagan, Salesforce, Scramble for Africa, Second Machine Age, Silicon Valley, Steve Jobs, Steven Pinker, Stewart Brand, Ted Nordhaus, TED Talk, telepresence, The Wealth of Nations by Adam Smith, Thomas Davenport, Thomas Malthus, Thorstein Veblen, total factor productivity, Tragedy of the Commons, Uber and Lyft, uber lyft, Veblen good, War on Poverty, We are as Gods, Whole Earth Catalog, World Values Survey

Holdren, “Impact of Population Growth,” Science 171 (1971): 1212–17, https://www.agro.uba.ar/users/fernande/EhrlichHoldren1971impactPopulation.pdf. “mathematical propaganda”: N. Koblitz, “Mathematics as Propaganda,” in Mathematics Tomorrow, ed. Lynn Steen (New York: Springer-Verlag, 1981), 111–20. “Is the earth’s balance… compatible with the survival of the capitalist system?”: “A History of Degrowth,” Degrowth, accessed March 25, 2019, https://www.degrowth.info/en/a-history-of-degrowth/. “there is no other way of conserving the available reserves for future generations”: André Gorz, Ecology as Politics, trans. Patsy Vigderman and Jonathan Cloud (Boston: South End Press, 1980), 13. “The present system of production is self-destructive [and]… suicidal”: Barry Commoner, The Closing Circle (New York: Bantam Books, 1974), 294–95.

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To do this, though, we’d probably have to walk away from many of the basic assumptions and practices of the Industrial Era and discard the market-based economic thinking that Marshall helped define. The Austrian-French philosopher André Gorz is credited with introducing the term degrowth in 1972, asking, “Is the earth’s balance, for which no-growth—or even degrowth—of material production is a necessary condition, compatible with the survival of the capitalist system?” As you can probably guess, Gorz’s answer was no. In his 1975 book, Ecology as Politics, Gorz made clear his belief that slowing down growth in consumption wasn’t enough—we had to actively reduce it: “Even at zero growth, the continued consumption of scarce resources will inevitably result in exhausting them completely.

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In his 1975 book, Ecology as Politics, Gorz made clear his belief that slowing down growth in consumption wasn’t enough—we had to actively reduce it: “Even at zero growth, the continued consumption of scarce resources will inevitably result in exhausting them completely. The point is not to refrain from consuming more and more, but to consume less and less—there is no other way of conserving the available reserves for future generations.” The “degrowth” movement that Gorz helped launch faced no shortage of obstacles in achieving its goals, but it had on its side a simple, pure, and obvious logic. If we all consumed less, we would in fact consume fewer resources. And maybe we only needed to consume less of some things. In his 1971 bestseller, The Closing Circle, biologist Barry Commoner agreed, “The present system of production is self-destructive [and] the present course of human civilization is suicidal.”

A Small Farm Future: Making the Case for a Society Built Around Local Economies, Self-Provisioning, Agricultural Diversity and a Shared Earth by Chris Smaje

agricultural Revolution, Airbnb, Alfred Russel Wallace, back-to-the-land, barriers to entry, biodiversity loss, Black Lives Matter, Boris Johnson, carbon footprint, circular economy, clean water, climate change refugee, collaborative consumption, Corn Laws, COVID-19, David Ricardo: comparative advantage, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic transition, Deng Xiaoping, Donald Trump, energy transition, European colonialism, Extinction Rebellion, failed state, fake news, financial deregulation, financial independence, Food sovereignty, Ford Model T, future of work, Gail Bradbrook, garden city movement, Garrett Hardin, gentrification, global pandemic, Great Leap Forward, green new deal, Hans Rosling, hive mind, intentional community, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jevons paradox, land reform, mass immigration, megacity, middle-income trap, Murray Bookchin, Naomi Klein, Peace of Westphalia, peak oil, post-industrial society, precariat, profit maximization, profit motive, rent-seeking, rewilding, Rutger Bregman, Silicon Valley, Silicon Valley billionaire, Steven Pinker, Stewart Brand, Ted Nordhaus, the scientific method, The Wealth of Nations by Adam Smith, Tragedy of the Commons, transaction costs, vertical integration, Washington Consensus, Wolfgang Streeck, zero-sum game

This is the lodestar of an emerging movement in economics working under the banner of ‘degrowth’ that aims to rethink the whole basis of economic action.49 It speaks to the mature human energetic ecosystem, in which energetic throughput is reduced relative to the fossil-fuelled bonanza of the 20th-century economy, while human well-being is retained or enhanced. My position in this book is in keeping with the degrowth project, but I argue for a strong focus on agriculture as the key point of energetic transformation. I also have some sympathy for mainstream economists who struggle to differentiate the unfamiliar new world of degrowth economics from the familiar scourge of negative gross domestic product (GDP) growth, or recession.

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Predicting a ‘climacteric’ before 2040, when a confluence of crises of the kind examined in Part I will force systemic change, David Fleming wrote: ‘The task … is not about wrestling with the controls of economics to force it in the direction of degrowth, but about getting ready for the moment when the coming climacteric does the heavy work of degrowth for us.’28 I’m more sympathetic to Fleming’s argument than I once was. After all, if even so expert a helmsman as the ‘Iron Chancellor’ Otto von Bismarck thought that humans could only float with the current of events, then I’m happy not to try wrestling overly with economic controls. Instead, like Fleming, I think it makes sense to prepare for a time when the current of events delivers degrowth by default. The sobering thing is that there are so many ways in which the heavy work of degrowth could be destructive of human well-being, and only a few in which it’s otherwise.

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Further, as this capital is put to work in ever more complex and interrelated ways, the amount of energy used to produce the final outputs increases (there’s greater investment in the final and intermediate energy economy), even if the intensity of energy use to produce a given level of output diminishes. This has two further sobering – though perhaps in some sense liberating – implications. First, it seems impossible to ‘degrow’ the global economy in its present form energetically without fundamentally changing it. Otherwise, degrowth would equate simply with recession, joblessness and economic stagnation. Second, even if energy use could be made carbon neutral and effectively limitless, it’s likely that the compounding material trace of capital growth would then butt up against some other physical limit – soils, water, phosphates, pollution abatement and so on.48 But these sobering implications are potentially liberating because they suggest the present structuring of the global economy can’t continue, freeing us to work towards other kinds of economy.

The Capitalist Manifesto by Johan Norberg

AltaVista, anti-communist, barriers to entry, Berlin Wall, Bernie Sanders, Big Tech, Boris Johnson, business climate, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Charles Babbage, computer age, coronavirus, COVID-19, creative destruction, crony capitalism, data is not the new oil, data is the new oil, David Graeber, DeepMind, degrowth, deindustrialization, Deng Xiaoping, digital map, disinformation, Donald Trump, Elon Musk, energy transition, Erik Brynjolfsson, export processing zone, failed state, Filter Bubble, gig economy, Gini coefficient, global supply chain, Google Glasses, Greta Thunberg, Gunnar Myrdal, Hans Rosling, Hernando de Soto, Howard Zinn, income inequality, independent contractor, index fund, Indoor air pollution, industrial robot, Intergovernmental Panel on Climate Change (IPCC), invention of the printing press, invisible hand, Jeff Bezos, Jeremy Corbyn, job automation, job satisfaction, Joseph Schumpeter, land reform, liberal capitalism, lockdown, low cost airline, low interest rates, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, means of production, meta-analysis, Minecraft, multiplanetary species, Naomi Klein, Neal Stephenson, Nelson Mandela, Network effects, open economy, passive income, Paul Graham, Paul Samuelson, payday loans, planned obsolescence, precariat, profit motive, Ralph Nader, RAND corporation, rent control, rewilding, ride hailing / ride sharing, Ronald Coase, Rosa Parks, Salesforce, Sam Bankman-Fried, Shenzhen was a fishing village, Silicon Valley, Simon Kuznets, Snapchat, social distancing, social intelligence, South China Sea, Stephen Fry, Steve Jobs, tech billionaire, The Spirit Level, The Wealth of Nations by Adam Smith, TikTok, Tim Cook: Apple, total factor productivity, trade liberalization, transatlantic slave trade, Tyler Cowen, Uber and Lyft, uber lyft, ultimatum game, Virgin Galactic, Washington Consensus, working-age population, World Values Survey, X Prize, you are the product, zero-sum game

But even a climate activist like Greta Thunberg complains that world leaders only talk about money and ‘some technical solutions’.2 This alludes to the widespread perception that we cannot rely on the growth and technology that have created the problems to solve them. Many greens want ‘degrowth’ and say we should consume less, travel less and settle for less to give the planet a chance. It is my sincere conviction that this would be the worst thing we could do for the world – and for the climate. My exhibit A is the fact that we just tested this approach. The 2020 pandemic was an unforeseen and undesirable experiment in degrowth. Almost overnight, the machines stopped and the borders were blocked. The planes stayed on the ground, cargo ships anchored outside the ports and half the world’s population was barred from leaving their homes.

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A report from Bangladesh documents that infant mortality is more than a third higher in villages without electricity. These numbers would be much worse if the energy-poor could not use technology and goods produced in places with electricity but, in a world of energy starvation, the entire world’s production, trade and transport systems would collapse.4 And that’s not all. Paradoxically, degrowth would also make global warming even more dangerous for humans, as we need prosperity and technology to adapt to it. Rich countries have no fewer natural disasters than poor ones, but they are much better at minimizing their damage to life and health. According to the International Disaster Database, the global risk of dying in a climate-related disaster – such as droughts, floods, storms, forest fires and extreme heat – has decreased by more than 90 per cent since the 1950s.5 That’s not because the number of natural disasters has decreased, but because prosperity, technology, construction and healthcare have improved.

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An in-depth study of the Netherlands shows that biodiversity declined rapidly until 1970, but since then it has increased rapidly, ‘a pattern that is broadly consistent with the notion of an inverted U-shaped environmental Kuznets curve’.28 The challenges facing the world are great and how much damage we will do before it gets better is still an open question. What we have learned, though, is that degrowth is not the solution to environmental problems. The question is not how we can keep the Chinese and Indians in poverty, but how we can get them over to the right side of the Kuznets curve. One way is to keep the global economy open. Long-distance trade is often blamed for creating more emissions and we are encouraged to buy local products.

Survival of the Richest: Escape Fantasies of the Tech Billionaires by Douglas Rushkoff

"World Economic Forum" Davos, 4chan, A Declaration of the Independence of Cyberspace, agricultural Revolution, Airbnb, Alan Greenspan, Amazon Mechanical Turk, Amazon Web Services, Andrew Keen, AOL-Time Warner, artificial general intelligence, augmented reality, autonomous vehicles, basic income, behavioural economics, Big Tech, biodiversity loss, Biosphere 2, bitcoin, blockchain, Boston Dynamics, Burning Man, buy low sell high, Californian Ideology, carbon credits, carbon footprint, circular economy, clean water, cognitive dissonance, Colonization of Mars, coronavirus, COVID-19, creative destruction, Credit Default Swap, CRISPR, data science, David Graeber, DeepMind, degrowth, Demis Hassabis, deplatforming, digital capitalism, digital map, disinformation, Donald Trump, Elon Musk, en.wikipedia.org, energy transition, Ethereum, ethereum blockchain, European colonialism, Evgeny Morozov, Extinction Rebellion, Fairphone, fake news, Filter Bubble, game design, gamification, gig economy, Gini coefficient, global pandemic, Google bus, green new deal, Greta Thunberg, Haight Ashbury, hockey-stick growth, Howard Rheingold, if you build it, they will come, impact investing, income inequality, independent contractor, Jane Jacobs, Jeff Bezos, Jeffrey Epstein, job automation, John Nash: game theory, John Perry Barlow, Joseph Schumpeter, Just-in-time delivery, liberal capitalism, Mark Zuckerberg, Marshall McLuhan, mass immigration, megaproject, meme stock, mental accounting, Michael Milken, microplastics / micro fibres, military-industrial complex, Minecraft, mirror neurons, move fast and break things, Naomi Klein, New Urbanism, Norbert Wiener, Oculus Rift, One Laptop per Child (OLPC), operational security, Patri Friedman, pattern recognition, Peter Thiel, planetary scale, Plato's cave, Ponzi scheme, profit motive, QAnon, RAND corporation, Ray Kurzweil, rent-seeking, Richard Thaler, ride hailing / ride sharing, Robinhood: mobile stock trading app, Sam Altman, Shoshana Zuboff, Silicon Valley, Silicon Valley billionaire, SimCity, Singularitarianism, Skinner box, Snapchat, sovereign wealth fund, Stephen Hawking, Steve Bannon, Steve Jobs, Steven Levy, Steven Pinker, Stewart Brand, surveillance capitalism, tech billionaire, tech bro, technological solutionism, technoutopianism, Ted Nelson, TED Talk, the medium is the message, theory of mind, TikTok, Torches of Freedom, Tragedy of the Commons, universal basic income, urban renewal, warehouse robotics, We are as Gods, WeWork, Whole Earth Catalog, work culture , working poor

The only real answer, the really simple one that neither philanthrocapitalists nor green technologists want to hear, is that we have to reduce our energy consumption altogether. Degrowth is the only surefire way to reduce humanity’s carbon footprint. It would also give us time to transition to less energy-intensive technologies. Instead of debating whether to buy electric, gas or hybrid, just keep the car you have. Better yet, start carpooling, walking to work, working from home, or working less. Like Jimmy Carter tried to tell us during his much-ridiculed fireside chats, turn down the thermostat and wear a sweater. It’s better for your sinuses, and better for everyone. Degrowth can live alongside growth-based capitalism, but it can’t support it.

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Energy and Our Future, “Earth and Humanity: Myth and Reality,” YouTube video, May 16, 2021, 2:52:14, https:// www .youtube .com /watch ?v =qYeZwUVx5MY. 139   Transitioning slowly : Richard Heinberg, Power: Limits and Prospects for Human Survival (Gabriola, BC, Canada: New Society, 2021). 139   Degrowth is the only surefire way : For more on degrowth, see the books and resources listed on the Post Carbon Institute website, https:// www .postcarbon .org /. 140   the worst accusations about these people : For more, see Whitney Webb, One Nation Under Blackmail (Chicago: Trine Day, 2022); Whitney Webb, “The Cover-Up Continues: The Truth About Bill Gates, Microsoft, and Jeffrey Epstein,” Unlimited Hangout , July 24, 2021, https:// unlimitedhangout .com /2021 /05 /investigative -reports /the -cover -up -continues -the -truth -about -bill -gates -microsoft -and -jeffrey -epstein /. 140   “at the forefront” : Steven Levy, “Bill Gates and President Bill Clinton on the NSA, Safe Sex, and American Exceptionalism,” Wired , November 12, 2013. 141   Funders, scientists, and royals : Whitney Webb, “Isabel Maxwell: Israel’s ‘Back Door’ into Silicon Valley,” Unlimited Hangout, July 24, 2021, https:// unlimitedhangout .com /2020 /07 /investigative -reports /isabel -maxwell -israels -back -door -into -silicon -valley /; Naomi Klein, The Shock Doctrine: The Rise of Disaster Capitalism , (Toronto: Alfred A.

Plenitude: The New Economics of True Wealth by Juliet B. Schor

Asian financial crisis, behavioural economics, big-box store, business climate, business cycle, carbon footprint, carbon tax, clean tech, Community Supported Agriculture, creative destruction, credit crunch, Daniel Kahneman / Amos Tversky, decarbonisation, degrowth, dematerialisation, demographic transition, deskilling, Edward Glaeser, en.wikipedia.org, Gini coefficient, global village, Herman Kahn, IKEA effect, income inequality, income per capita, Intergovernmental Panel on Climate Change (IPCC), Isaac Newton, Jevons paradox, Joseph Schumpeter, Kenneth Arrow, knowledge economy, life extension, McMansion, new economy, ocean acidification, off-the-grid, peak oil, pink-collar, post-industrial society, prediction markets, purchasing power parity, radical decentralization, ride hailing / ride sharing, Robert Shiller, sharing economy, Simon Kuznets, single-payer health, smart grid, systematic bias, systems thinking, The Chicago School, Thomas L Friedman, Thomas Malthus, too big to fail, transaction costs, Yochai Benkler, Zipcar

Indeed, if we define aggregate growth in ecological, rather than dollar, terms, the link between expansion and living standards is even more tenuous, and may be negative. But can we slow down painlessly, without disruption to employment and incomes? That’s a question environmentalists and even some economists are beginning to pay attention to. In 2008, the first International DeGrowth Conference was held in Paris under the auspices of the European Society for Ecological Economics. Modeling exercises on this question remain scarce, but the ecological economist Peter Victor used a conventional model of the Canadian economy to figure out whether a planned reduction in growth would be feasible.

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A recent study finds that investments in alternative energy produce 3.2 times the employment per dollar spent than in the capital-intensive fossil fuel sector. The logic is similar for small-scale and organic agriculture and local businesses, which are more labor-intensive. While this has been an important conversation, the rhetoric of degrowth or the steady-state economy obscures a key point about the road to sustainability. The nub of the problem is the transition from a dirty to a clean sector. How that plays out on average will change depending on where we are in the journey. At the moment, BAU is so large that aggregate growth is on balance destructive.

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When growth has other negative consequences, direct attention to distribution is a more efficient way to address the problem. 173 Getting bigger doesn’t necessarily yield wealth; improving productivity does: Taking productivity growth in the form of leisure is a strategy that will reach its limits (when hours fall so far that additional leisure time is not useful). However, by the time we get to that point, production may be sufficiently “clean” that growth is not environmentally degrading. 174 the first International Degrowth Conference: Other groups addressing this question include the New Economics Foundation, Redefining Progress, the Schumacher Society, the Association for the Steady-State Economy, Shrinking Economies in the Developed World, and the International Forum on Globalization, as well as individuals within the International Society for Ecological Economics. 174 ecological economist Peter Victor: Victor (2008), chapter 10.

The Climate Book: The Facts and the Solutions by Greta Thunberg

"World Economic Forum" Davos, accounting loophole / creative accounting, air freight, Alfred Russel Wallace, Anthropocene, basic income, Bernie Sanders, biodiversity loss, BIPOC, bitcoin, British Empire, car-free, carbon credits, carbon footprint, carbon tax, circular economy, clean water, cognitive dissonance, coronavirus, COVID-19, David Attenborough, decarbonisation, degrowth, disinformation, energy transition, Extinction Rebellion, Food sovereignty, global pandemic, global supply chain, Global Witness, green new deal, green transition, Greta Thunberg, housing crisis, Indoor air pollution, informal economy, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jeff Bezos, land tenure, late capitalism, lockdown, mass immigration, megacity, meta-analysis, microplastics / micro fibres, military-industrial complex, Naomi Klein, negative emissions, ocean acidification, offshore financial centre, oil shale / tar sands, out of africa, phenotype, planetary scale, planned obsolescence, retail therapy, rewilding, social distancing, supervolcano, tech billionaire, the built environment, Thorstein Veblen, TikTok, Torches of Freedom, Tragedy of the Commons, universal basic income, urban sprawl, zoonotic diseases

In fact, we know that it is possible to meet human needs at a high standard with much less energy and resources than rich countries presently use. The key is to scale down less necessary forms of production and organize the economy around human well-being rather than capital accumulation. This is known as degrowth. Degrowth calls for a planned reduction of excess resource and energy use in high-income nations to bring the economy back into balance with the living world in a just and equitable way. What does this look like in practice? Instead of assuming that every sector of the economy must grow, all the time, regardless of whether or not we actually need it, we should decide which sectors of the economy we actually need to improve (for example renewable energy, public transportation and health-care), and which are clearly destructive and should be scaled down (SUVs, air travel, fast fashion, industrial beef, advertising, finance, the practice of planned obsolescence, the military industrial complex, and so on).

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Author of Personal Travel and Climate Change. 4.18 ‘They keep saying one thing while doing another’ / Greta Thunberg 4.19 The Cost of Consumerism Annie Lowrey / Staff writer at the Atlantic, covering economic policy, and author of Give People Money. 4.20 How (Not) to Buy Mike Berners-Lee / Professor at Lancaster University’s Environment Centre, Director of Small World Consulting Ltd and author of There Is No Planet B. 4.21 Waste around the World Silpa Kaza / Senior urban development specialist in the World Bank’s Urban, Disaster Risk Management, Resilience and Land Global Practice. 4.22 The Myth of Recycling Nina Schrank / Senior campaigner for the Plastics Team at Greenpeace UK. 4.23 ‘This is where we draw the line’ / Greta Thunberg 4.24 Emissions and Growth Nicholas Stern / Professor of Economics and Government; Chair of the Grantham Research Institute, London School of Economics and Political Science. 4.25 Equity Sunita Narain / Director-general of the Centre for Science and Environment, a not-for-profit public interest research and advocacy organization based in New Delhi. 4.26 Degrowth Jason Hickel / Economic anthropologist, author and Professor at the Institute for Environmental Science and Technology at the Autonomous University of Barcelona. 4.27 The Perception Gap Amitav Ghosh / Author of sixteen works of fiction and non-fiction; the first English-language writer to receive India’s highest literary honour, the Jnanpith Award.

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The fact is that we have lost precious time in finding ‘smart’ ways to do as little as possible to reduce greenhouse emissions, and it is time to take decisive and bold steps. We need to build policies knowing that we live in an interdependent world where cooperation that is driven by fairness and justice is critical. / 4.26 Degrowth Jason Hickel People tend to talk about the ecological crisis in terms of ‘the Anthropocene’, referring to the way that, for the first time in geological history, human activity is dramatically reshaping our planet and our climate. This terminology is useful in certain respects, but it is also incorrect.

Growth: From Microorganisms to Megacities by Vaclav Smil

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, agricultural Revolution, air freight, Alan Greenspan, American Society of Civil Engineers: Report Card, Anthropocene, Apollo 11, Apollo Guidance Computer, autonomous vehicles, Benoit Mandelbrot, Berlin Wall, Bernie Madoff, Boeing 747, Bretton Woods, British Empire, business cycle, caloric restriction, caloric restriction, carbon tax, circular economy, colonial rule, complexity theory, coronavirus, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic dividend, demographic transition, Deng Xiaoping, disruptive innovation, Dissolution of the Soviet Union, Easter island, endogenous growth, energy transition, epigenetics, Fairchild Semiconductor, Ford Model T, general purpose technology, Gregor Mendel, happiness index / gross national happiness, Helicobacter pylori, high-speed rail, hydraulic fracturing, hydrogen economy, Hyperloop, illegal immigration, income inequality, income per capita, industrial robot, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, Isaac Newton, James Watt: steam engine, knowledge economy, Kondratiev cycle, labor-force participation, Law of Accelerating Returns, longitudinal study, low interest rates, mandelbrot fractal, market bubble, mass immigration, McMansion, megacity, megaproject, megastructure, meta-analysis, microbiome, microplastics / micro fibres, moral hazard, Network effects, new economy, New Urbanism, old age dependency ratio, optical character recognition, out of africa, peak oil, Pearl River Delta, phenotype, Pierre-Simon Laplace, planetary scale, Ponzi scheme, power law, Productivity paradox, profit motive, purchasing power parity, random walk, Ray Kurzweil, Report Card for America’s Infrastructure, Republic of Letters, rolodex, Silicon Valley, Simon Kuznets, social distancing, South China Sea, synthetic biology, techno-determinism, technoutopianism, the market place, The Rise and Fall of American Growth, three-masted sailing ship, total factor productivity, trade liberalization, trade route, urban sprawl, Vilfredo Pareto, yield curve

This has eventually led to advocacy of not just economies without any growth but ones deliberately trying to reduce overall economic output, a shift awkwardly labeled as de-growth. Book titles convey these sentiments: Living within Limits (Hardin 1992); Beyond Growth (Daly 1996); Prosperity without Growth (Jackson 2009); From Bioeconomics to Degrowth (Georgescu-Roegen and Bonaiuti 2011); The Economics of Enough (Coyle 2011); Degrowth: A Vocabulary for a New Era (D’Alisa et al. 2014). In reality, there are no economies embarking on such paths. As already noted, since the 1990s there have been also many studies of the limits to the growing extraction of mineral resources in general and to an imminent arrival of peak global oil production in particular (Deffeyes 2003)—and, given oil’s importance in the global economy, of inevitable and permanent economic downturn.

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At the same time, there is no doubt that since 1973 (when the unprecedented period of rapid post-WWII growth ended) the world economy has become impressively more energy efficient and relatively less material-intensive—while continuing population growth, further increases of consumption in affluent countries, and fast economic advances in Asia in general, and in China in particular, have translated into relatively strong absolute global growth in both energy and material requirements. In relative terms (per unit of economic product) the global economy has shifted in the direction of greater sustainability but in absolute terms it has shown no tendency toward deliberately slower growth, and degrowth remains a cherished topic for ecological economists, not a guiding principle for any companies or governments. As a result, we can only speculate when and how we might be able to put an end to material growth and forge a new society that would survive without worshipping the impossible god of continuously increasing consumption: no country has committed to following such a path.

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The answers would then range from more growth during periods of years to decades for most of the world’s economies to a nonnegligible probability of some kind of involuntary global retreat—that is substantial prolonged worldwide retrenchment, followed, at best, by greatly diminished rates during a halting recovery, at worst by further gradual decline, that is degrowth not by choice but as a reaction to cumulative (economic, extraction, consumption, environmental) excesses. Modern Civilization After millennia of slow and unsteady progress, the two centuries of unprecedented growth—of populations, food production, infrastructures, and of extractive, manufacturing, transportation, and communication techniques—have brought changes that were truly unimaginable at the outset of this transformational process.

The End of Growth: Adapting to Our New Economic Reality by Richard Heinberg

3D printing, agricultural Revolution, Alan Greenspan, Anthropocene, Apollo 11, back-to-the-land, banking crisis, banks create money, Bear Stearns, biodiversity loss, Bretton Woods, business cycle, carbon footprint, Carmen Reinhart, clean water, cloud computing, collateralized debt obligation, computerized trading, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, currency manipulation / currency intervention, currency peg, David Graeber, David Ricardo: comparative advantage, degrowth, dematerialisation, demographic dividend, Deng Xiaoping, Elliott wave, en.wikipedia.org, energy transition, falling living standards, financial deregulation, financial innovation, Fractional reserve banking, full employment, Gini coefficient, Glass-Steagall Act, global village, green transition, happiness index / gross national happiness, I think there is a world market for maybe five computers, income inequality, intentional community, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Isaac Newton, Jevons paradox, Kenneth Rogoff, late fees, liberal capitalism, low interest rates, mega-rich, military-industrial complex, Money creation, money market fund, money: store of value / unit of account / medium of exchange, mortgage debt, naked short selling, Naomi Klein, Negawatt, new economy, Nixon shock, offshore financial centre, oil shale / tar sands, oil shock, peak oil, Ponzi scheme, price stability, private military company, quantitative easing, reserve currency, ride hailing / ride sharing, rolling blackouts, Ronald Reagan, short selling, special drawing rights, systems thinking, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, too big to fail, trade liberalization, tulip mania, WikiLeaks, working poor, world market for maybe five computers, zero-sum game

Georgescu-Roegen’s thinking had in turn been influenced by that of chemist-turned-economist Frederick Soddy (1877–1956), author of Wealth, Virtual Wealth and Debt (1926), which sought to bring economics into line with the laws of thermodynamics and which critiqued fractional-reserve banking.35 The French translation of Georgescu-Roegen’s book in 1979 under the title Demain la décroissance (“Tomorrow, Degrowth”) spurred décroissance thinking and organizing that eventuated in the first International Degrowth Conference in Paris in 2008 and the founding of a French-language newspaper, La Décroissance: Le journal de la joie de vivre, published in Lyons. In the United States, the term “degrowth” is seldom mentioned; however, over the past twenty years a similar trend in thinking has spurred the “voluntary simplicity” movement, which questions the environmental, psychological, and social costs of ever-growing consumption.

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Its conclusion: “Economic growth in the OECD cannot be reconciled with a 2, 3, or even 4°C characterization of dangerous climate change.”31 Herman Daly, one of the pioneers of ecological economics (he published Toward a Steady State Economy in 1973 and Beyond Growth in 1996, and co-authored a textbook titled Ecological Economics in 2004), differentiates between economic growth and uneconomic growth.32 For Daly, uneconomic growth consists of GDP gains that are accompanied by static or declining social benefits, as for example when a certain amount of short-term growth is achieved by undermining ecosystems whose services have a greater long-term value.33 In Europe, a “degrowth” movement has taken root, founded on the ideas of Mohandas Gandhi, Leopold Kohr, Jean Baudrillard, André Gorz, Edward Goldsmith, Ivan Illich, and Serge Latouche.34 The work of Romanian economist Nicholas Georgescu-Roegen (1906–1994) was especially pivotal in setting the movement on its path: his 1971 book titled The Entropy Law and the Economic Process pointed out that neoclassical economics fails to acknowledge the second law of thermodynamics by not accounting for the degradation of energy and matter.

The Smartphone Society by Nicole Aschoff

"Susan Fowler" uber, 4chan, A Declaration of the Independence of Cyberspace, Airbnb, algorithmic bias, algorithmic management, Amazon Web Services, artificial general intelligence, autonomous vehicles, barriers to entry, Bay Area Rapid Transit, Bernie Sanders, Big Tech, Black Lives Matter, blockchain, carbon footprint, Carl Icahn, Cass Sunstein, citizen journalism, cloud computing, correlation does not imply causation, crony capitalism, crowdsourcing, cryptocurrency, data science, deep learning, DeepMind, degrowth, Demis Hassabis, deplatforming, deskilling, digital capitalism, digital divide, do what you love, don't be evil, Donald Trump, Downton Abbey, Edward Snowden, Elon Musk, Evgeny Morozov, fake news, feminist movement, Ferguson, Missouri, Filter Bubble, financial independence, future of work, gamification, gig economy, global value chain, Google Chrome, Google Earth, Googley, green new deal, housing crisis, income inequality, independent contractor, Jaron Lanier, Jeff Bezos, Jessica Bruder, job automation, John Perry Barlow, knowledge economy, late capitalism, low interest rates, Lyft, M-Pesa, Mark Zuckerberg, minimum wage unemployment, mobile money, moral panic, move fast and break things, Naomi Klein, Network effects, new economy, Nicholas Carr, Nomadland, occupational segregation, Occupy movement, off-the-grid, offshore financial centre, opioid epidemic / opioid crisis, PageRank, Patri Friedman, peer-to-peer, Peter Thiel, pets.com, planned obsolescence, quantitative easing, Ralph Waldo Emerson, RAND corporation, Ray Kurzweil, RFID, Richard Stallman, ride hailing / ride sharing, Rodney Brooks, Ronald Reagan, Salesforce, Second Machine Age, self-driving car, shareholder value, sharing economy, Sheryl Sandberg, Shoshana Zuboff, Sidewalk Labs, Silicon Valley, single-payer health, Skype, Snapchat, SoftBank, statistical model, Steve Bannon, Steve Jobs, surveillance capitalism, TaskRabbit, tech worker, technological determinism, TED Talk, the scientific method, The Structural Transformation of the Public Sphere, TikTok, transcontinental railway, transportation-network company, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, upwardly mobile, Vision Fund, W. E. B. Du Bois, wages for housework, warehouse robotics, WikiLeaks, women in the workforce, yottabyte

In conjunction with action from the Sunrise Movement, US congresswoman Alexandria Ocasio-Cortez and US senator Ed Markey introduced a version of the Green New Deal in Congress in February 2019. Their resolution calls for the United States to take a “leading role in reducing emissions through economic transformations” because it has “historically been responsible for a disproportionate amount of greenhouse gas emissions.” Instead of promoting a “degrowth” philosophy—reducing fossil fuel use by reducing consumption and production—proponents of the Green New Deal advocate a “just transition” toward a green energy ecosystem in which people and communities, particularly those whose livelihoods depend on the fossil fuel industry, are given the support they need during the transition process in the form of job transfers, pensions, and retraining.23 Taking Stock These initiatives, ranging from labor organizing to watchdogs to green policy, are by no means an exhaustive accounting of the current pushback against the ills of our smartphone society.

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The term “Green New Deal” has been around for more than a decade, but its recent usage refers to a pair of resolutions submitted to Congress by Representative Alexandria Ocasio-Cortez and Senator Ed Markey and to the broader social movement supporting the ideas articulated in the proposals. The Sunrise Movement, a major supporter, has information on its website, https://www.sunrisemovement.org/gnd. 23. Pollin, “De-Growth vs. A Green New Deal.” 24. For a discussion, see Silver, Forces of Labor. 25. Moody, On New Terrain. 26. Silver, “Workers of the World.” 27. See, for example, Scholz, “Platform Cooperativism vs. the Sharing Economy.” 28. Akuno and Nangwaya, Jackson Rising. 29. Stallman, “A Radical Proposal to Keep Your Personal Data Safe.” 30.

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Cambridge, MA: National Bureau of Economic Research, December 2016. Pine, Joseph B., and James H. Gilmore. “Welcome to the Experience Economy.” Harvard Business Review, July–August 1998. Polletta, Francesca. It Was Like a Fever: Storytelling in Protest and Politics. Chicago: University of Chicago Press, 2006. Pollin, Robert. “De-Growth vs. A Green New Deal.” New Left Review 112 (July– August 2018). Popper, Nathaniel. “A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada.” New York Times, November 1, 2018. Posner, Eric A., and E. Glen Weyl. “Want Our Personal Data? Pay for It.” Wall Street Journal, April 20, 2018. Postman, Neil.

A Pelican Introduction: Basic Income by Guy Standing

"World Economic Forum" Davos, anti-fragile, bank run, basic income, behavioural economics, Bernie Sanders, Bertrand Russell: In Praise of Idleness, Black Lives Matter, Black Swan, Boris Johnson, British Empire, carbon tax, centre right, collective bargaining, cryptocurrency, David Graeber, declining real wages, degrowth, deindustrialization, Donald Trump, Elon Musk, Fellow of the Royal Society, financial intermediation, full employment, future of work, gig economy, Gunnar Myrdal, housing crisis, hydraulic fracturing, income inequality, independent contractor, intangible asset, Jeremy Corbyn, job automation, job satisfaction, Joi Ito, labour market flexibility, land value tax, libertarian paternalism, low skilled workers, lump of labour, Marc Benioff, Mark Zuckerberg, Martin Wolf, mass immigration, mass incarceration, moral hazard, Nelson Mandela, nudge theory, offshore financial centre, open economy, Panopticon Jeremy Bentham, Paul Samuelson, plutocrats, precariat, quantitative easing, randomized controlled trial, rent control, rent-seeking, Salesforce, Sam Altman, self-driving car, shareholder value, sharing economy, Silicon Valley, sovereign wealth fund, Stephen Hawking, The Future of Employment, universal basic income, Wolfgang Streeck, women in the workforce, working poor, Y Combinator, Zipcar

Shorter working hours in jobs are correlated with smaller ecological footprints.33 And basic income would allow people to reject or spend less time on what David Graeber calls ‘bullshit’ jobs that they find hateful or meaningless.34 As mentioned in Chapter 2, basic income would also make it easier for governments to impose carbon taxes and other environmental measures designed to curb pollution and mitigate climate change, by compensating people for the extra costs of the goods and services affected or for livelihoods lost or disrupted. Some supporters of the ‘degrowth’ movement see basic income as an integral part of an economic reordering alongside other policies to promote ‘prosperity without growth’, at least in the way it is conventionally measured.35 By making income less dependent on employment, basic income would encourage people to question the drive for jobs at any cost and encourage a rethink on the relationship between jobs, production and consumption.

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Mankiw (2016), ‘A quick note on a universal basic income’, Greg Mankiw’s Blog, 12 July. http://gregmankiw.blogspot.ch/2016/07/a-quick-note-on-universal-basic-income.html 26. A. Manning (2015), ‘Top rate of income tax’, Centre for Economic Performance Paper EA029. London: London School of Economics. http://cep.lse.ac.uk/pubs/download/EA029.pdf. 27. See, for example, J. Burke Murphy (2016), ‘Basic income, sustainable consumption and the “degrowth” movement’, Basic Income News, 13 August. 28. K. Ummel (2016), ‘Impact of CCL’s proposed carbon fee and dividend policy: A high-resolution analysis of the financial effect on U.S. households’, Working Paper v1. 4. Coronado, CA: Citizens’ Climate Lobby, April. https://citizensclimatelobby.org/wp-content/uploads/2016/05/Ummel-Impact-of-CCL-CFD-Policy-v1_4.pdf. 29.

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Schor (2013), ‘Could working less reduce pressures on the environment? A cross-national panel analysis of OECD countries, 1970–2007’, Global Environmental Change, 23(4), pp. 691–700. 34. D. Graeber (2016), ‘Why capitalism creates pointless jobs’, Evonomics, 27 September. 35. J. Burke Murphy (2016), ‘Basic income, sustainable consumption and the “DeGrowth” movement’, Basic Income News, 13 August. 36. G. Standing (2014), A Precariat Charter: From Denizens to Citizens. London: Bloomsbury, Article 19. 37. Ibid, Article 1. CHAPTER 9: THE ALTERNATIVES 1. G. Standing (2016), The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay.

The New Class Conflict by Joel Kotkin

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, affirmative action, Affordable Care Act / Obamacare, Alvin Toffler, American Society of Civil Engineers: Report Card, back-to-the-city movement, Bob Noyce, Boston Dynamics, California gold rush, Californian Ideology, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, classic study, Cornelius Vanderbilt, creative destruction, crony capitalism, David Graeber, degrowth, deindustrialization, do what you love, don't be evil, Downton Abbey, driverless car, Edward Glaeser, Elon Musk, energy security, falling living standards, future of work, Future Shock, Gini coefficient, Google bus, Herman Kahn, housing crisis, income inequality, independent contractor, informal economy, Internet of things, Jane Jacobs, Jaron Lanier, Jeff Bezos, job automation, John Markoff, John von Neumann, Joseph Schumpeter, Kevin Kelly, Kevin Roose, labor-force participation, Larry Ellison, Lewis Mumford, low interest rates, low-wage service sector, Marc Andreessen, Mark Zuckerberg, Mary Meeker, mass affluent, McJob, McMansion, medical bankruptcy, microapartment, Nate Silver, National Debt Clock, New Economic Geography, new economy, New Urbanism, obamacare, offshore financial centre, Paul Buchheit, payday loans, Peter Calthorpe, plutocrats, post-industrial society, public intellectual, RAND corporation, Ray Kurzweil, rent control, rent-seeking, Report Card for America’s Infrastructure, Richard Florida, Sheryl Sandberg, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Solyndra, Steve Jobs, stock buybacks, tech worker, techlash, technoutopianism, The Death and Life of Great American Cities, Thomas L Friedman, Tony Fadell, too big to fail, transcontinental railway, trickle-down economics, Tyler Cowen, Tyler Cowen: Great Stagnation, upwardly mobile, urban planning, urban sprawl, Virgin Galactic, War on Poverty, women in the workforce, working poor, young professional

Georgia McCafferty, “World’s Happiest Nations Are . . . ” CNN, September 9, 2013, http://edition.cnn.com/2013/09/09/business/earth-institute-world-happiness-rankings; Friedman, The Moral Consequences of Economic Growth, p. 88; John Muscat, “The Illusions of Charles Montgomery’s Happy City,” New Geography, January 25, 2014, http://www.newgeography.com/content/004149-the-illusions-charles-montgomerys-happy-city. 60. George Monbiot, “This Is Bigger than Climate Change. It Is a Battle to Redefine Humanity,” Guardian, December 14, 2009; Dan Bednarz, “Power, Identity and Social Change as We Enter Degrowth,” Health After Oil (blog), August 12, 2013, http://healthafteroil.wordpress.com/2013/08/12/power-identity-and-social-change-as-we-enter-degrowth. 61. “Renewable Energy Subsidies 6.4 Times Greater than Fossil Fuel Subsidies,” Institute for Energy Research, May 31, 2012, http://instituteforenergyresearch.org/analysis/12704. 62. Kenneth P. Green, “Five-Time Father Ted Turner Calls for One-Child Policy,” AEIdeas, December 7, 2010, http://www.aei-ideas.org/2010/12/five-time-father-ted-turner-calls-for-one-child-policy. 63.

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This has engendered an understandable search for an alternative method to measure societal well-being. Climate change campaigners, such as the Guardian’s George Monbiot, propose “a battle to redefine humanity,” essentially replacing the era of “expanders” with one of “restrainers.” Some economists, particularly in Europe, have embraced the notion of what they call “de-growth,” that is, a planned ratcheting down of mass material prosperity.60 Winners and Losers in the “Happiness” Game In any conflict over the preferred shape of society, there are usually winners and losers. The shift from a focus on growth to one on what is fashioned as sustainability has proven a boon both for the public sector, particularly those working in regulatory agencies and politicians who now have new ways to elicit contributions, and for those parts of the private sector that work most closely with government.

Green Economics: An Introduction to Theory, Policy and Practice by Molly Scott Cato

Albert Einstein, back-to-the-land, banking crisis, banks create money, basic income, Bretton Woods, Buy land – they’re not making it any more, carbon footprint, carbon tax, central bank independence, clean water, Community Supported Agriculture, congestion charging, corporate social responsibility, David Ricardo: comparative advantage, degrowth, deskilling, energy security, food miles, Food sovereignty, Fractional reserve banking, full employment, gender pay gap, green new deal, income inequality, informal economy, intentional community, Intergovernmental Panel on Climate Change (IPCC), job satisfaction, land bank, land reform, land value tax, Mahatma Gandhi, market fundamentalism, Money creation, mortgage debt, Multi Fibre Arrangement, passive income, peak oil, price stability, profit maximization, profit motive, purchasing power parity, race to the bottom, reserve currency, Rupert Read, seminal paper, the built environment, The Spirit Level, Tobin tax, tontine, University of East Anglia, wikimedia commons

In an earlier book called Market, Schmarket I cast a sceptical eye over the claims of the neoclassical economists that the market is the most efficient way to organize our economic lives, not to mention other areas of our life such as care and even relationships and voting.10 Other theorists of the green economy are keen to draw a distinction between ‘capitalism’ and the ‘market’: economics relates to the organization of relationships between the state, the market and community, whereas the green worldview sees the state and the market as mechanisms to achieve what people want, rather than people being subject to market dictates. The French proponents of decroissance or ‘degrowth’, for example, talk about ‘putting the economy back in its place’.11 Green economists differ in their view of how much of our economic life would be mediated by the market, although for most entrepreneurialism will still play a role. Although most green economists would see the sustainable economy as involving considerably less trade and the revival of local economies, green economics is not about cutting ourselves off from each other, either within nation states or globally.

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Olsen (2002) The Politics of Money: Towards Sustainability and Economic Democracy, London: Pluto, p. 160. 9 J. Robertson (1985) Future Work: Jobs, Self-Employment and Leisure after the Industrial Age, London: Gower. 10 M. S. Cato (2006) Market, Schmarket: Building the Post-Capitalist Economy, Gretton: New Clarion Press. 11 V. Fournier (2007) ‘Escaping from the economy: The politics of degrowth’, paper presented to the research seminar of Cardiff School of Management, February. 12 P. Aries (2005) Décroissance ou Barbarie?, Lyon: Golias. ECONOMICS AND IDENTITY 51 13 S. Latouche (2003) ‘Le Marché, l’agora et l’acropole: Se rapproprier le marché’, Refractions, 9: 17–26. 14 Fournier, ‘Escaping’, p. 13. 15 R.

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A similar argument is made today against the holding of land for speculative reasons, including by supermarkets with their so-called ‘land banks’.15 A land tax would require the tax to be paid on the land whether it was put to productive use or not, thus increasing the pressure for using land for economic activity. This might run counter to green thinking about limits to growth and the need for ‘de-growth’ or a reduction in levels of economic activity as measured by GDP (for more see Chapter 7). BOX 12.2 LAND TAX IN AUSTRALIA Henry George made a lecture tour of Australia in 1890 and his ideas found fertile ground. His first speech, in Sydney in May and shortly after his arrival, was called ‘The Land for the People’.

The Dark Net by Jamie Bartlett

3D printing, 4chan, bitcoin, blockchain, brain emulation, carbon footprint, Cody Wilson, creative destruction, crowdsourcing, cryptocurrency, degrowth, deindustrialization, Edward Snowden, end-to-end encryption, eternal september, Filter Bubble, Francis Fukuyama: the end of history, Free Software Foundation, global village, Google Chrome, Great Leap Forward, Howard Rheingold, Internet of things, invention of writing, Johann Wolfgang von Goethe, John Gilmore, John Perry Barlow, Julian Assange, Kuwabatake Sanjuro: assassination market, Lewis Mumford, life extension, litecoin, longitudinal study, Mark Zuckerberg, Marshall McLuhan, Mondo 2000, moral hazard, moral panic, Nick Bostrom, Occupy movement, pre–internet, printed gun, Ray Kurzweil, rewilding, Ross Ulbricht, Satoshi Nakamoto, Skype, slashdot, synthetic biology, technological singularity, technoutopianism, Ted Kaczynski, TED Talk, The Coming Technological Singularity, Turing test, Vernor Vinge, WikiLeaks, Zimmermann PGP

p.85 ‘It is currently run and managed . . .’ http://cooperativa.cat/en/whats-cic/background/; https://www.diagonalperiodico.net/blogs/diagonal-english/from-critique-to-construction-the-integrated-cooperative-in-catalonia.html. p.85 ‘CIC’s vision is to find new ways . . .’ D’Alisa, G., Demaria, F. and Cattaneo, C., ‘Civil and Uncivil Actors for a Degrowth Society’, Journal of Civil Society: http://www.tandfonline.com/doi/pdf/10.1080/17448689.2013.788935. p.87 ‘Throw in the communal cooking . . .’ ‘Degrowth in Action’, from Opposition to Alternatives Building: How the Cooperative Integral Catalana enacts a Degrowth Vision. It is the 2012 Master’s thesis of Sheryle Carlson, of the Human Ecology Divison of Lund University. p.88 ‘In 2009, Duran began promoting . . .’ http://enricduran.cat/en/i-have-robbed-492000-euros-whom-most-rob-us-order-denounce-them-and-build-some-alternatives-society-0/.

Everything for Everyone: The Radical Tradition That Is Shaping the Next Economy by Nathan Schneider

1960s counterculture, Aaron Swartz, Adam Curtis, Affordable Care Act / Obamacare, Airbnb, altcoin, Amazon Mechanical Turk, antiwork, back-to-the-land, basic income, Berlin Wall, Bernie Sanders, bitcoin, Black Lives Matter, blockchain, Brewster Kahle, Burning Man, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Clayton Christensen, collaborative economy, collective bargaining, commons-based peer production, Community Supported Agriculture, corporate governance, creative destruction, crowdsourcing, cryptocurrency, Debian, degrowth, disruptive innovation, do-ocracy, Donald Knuth, Donald Trump, Edward Snowden, Elon Musk, emotional labour, Ethereum, ethereum blockchain, Evgeny Morozov, Fairphone, Food sovereignty, four colour theorem, future of work, Gabriella Coleman, gentrification, gig economy, Google bus, holacracy, hydraulic fracturing, initial coin offering, intentional community, Internet Archive, Jeff Bezos, Jeremy Corbyn, jimmy wales, John Perry Barlow, joint-stock company, Joseph Schumpeter, Julian Assange, Kevin Roose, Kickstarter, low interest rates, Lyft, M-Pesa, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, mass immigration, means of production, Money creation, multi-sided market, Murray Bookchin, new economy, offshore financial centre, old-boy network, Peter H. Diamandis: Planetary Resources, Pier Paolo Pasolini, post-work, precariat, premature optimization, pre–internet, profit motive, race to the bottom, Richard Florida, Richard Stallman, ride hailing / ride sharing, Rutger Bregman, Salesforce, Sam Altman, Satoshi Nakamoto, self-driving car, shareholder value, sharing economy, Silicon Valley, Slavoj Žižek, smart contracts, Steve Bannon, Steve Jobs, Steve Wozniak, Stewart Brand, surveillance capitalism, tech worker, TED Talk, transaction costs, Turing test, Uber and Lyft, uber lyft, underbanked, undersea cable, universal basic income, Upton Sinclair, Vanguard fund, Vitalik Buterin, W. E. B. Du Bois, white flight, Whole Earth Catalog, WikiLeaks, women in the workforce, working poor, workplace surveillance , Y Combinator, Y2K, Zipcar

As he acquired more cash, he funded groups around him that he knew and trusted. He backed the Degrowth March, a mass bicycle ride around Catalonia organized in opposition to the logic of economic growth, and equipped Infospai with a TV studio. The beginning of the end came in the summer of 2007. Duran says he noticed signs of the mortgage crisis forming in the United States and decided that it was time to prepare for going public. For the next year, he assembled a collective to produce a newspaper detailing the evils of banks and what he had done to trick them. The people who helped organize the Degrowth March provided a ready-made distribution network throughout Catalonia.

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See decentralized autonomous organizations data, 143–144, 153 data justice, 76 Davies, Bembo, 28, 30–31 Davis, Joseph, 44 Debian software, 139 debt, 101–102 alternative finance and, 103–104 money as, 104–105 strike, 119 student, 103 decentralized autonomous organizations (DAOs), 111–112 “Declaration of the Independence of Cyberspace” (Barlow), 217 Decretum (Gratian), 23 Degrowth March, 118–119 Delta-Montrose Electric Association (DMEA), 172–174, 172 (photo), 220 democracy, 17, 65, 98–99, 103, 138–139, 148, 161, 206, 219 in Bitcoin, 106, 108–109 co-ops as, 9, 14, 41–42, 58–60, 233 diversified, 225 in electricity co-ops, 170, 175 entrepreneurs practicing, 155–156 United States, decline of, 10, 216 dental chairs, 63 (photo) department stores, 57–58 Derrida, Jacques, 17 design principles, 20–21 Desjardins, Alphonse, 59 Detroit, MI, 72–73, 74 (fig.)

Green Swans: The Coming Boom in Regenerative Capitalism by John Elkington

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, agricultural Revolution, Anthropocene, anti-fragile, Any sufficiently advanced technology is indistinguishable from magic, autonomous vehicles, Berlin Wall, bitcoin, Black Swan, blockchain, Boeing 737 MAX, Boeing 747, Buckminster Fuller, business cycle, Cambridge Analytica, carbon footprint, carbon tax, circular economy, Clayton Christensen, clean water, cloud computing, corporate governance, corporate social responsibility, correlation does not imply causation, creative destruction, CRISPR, crowdsourcing, David Attenborough, deglobalization, degrowth, discounted cash flows, distributed ledger, do well by doing good, Donald Trump, double entry bookkeeping, drone strike, Elon Musk, en.wikipedia.org, energy transition, Extinction Rebellion, Future Shock, Gail Bradbrook, Geoffrey West, Santa Fe Institute, George Akerlof, global supply chain, Google X / Alphabet X, green new deal, green transition, Greta Thunberg, Hans Rosling, hype cycle, impact investing, intangible asset, Internet of things, invention of the wheel, invisible hand, Iridium satellite, Jeff Bezos, John Elkington, Jony Ive, Joseph Schumpeter, junk bonds, Kevin Kelly, Kickstarter, M-Pesa, Marc Benioff, Mark Zuckerberg, Martin Wolf, microplastics / micro fibres, more computing power than Apollo, move fast and break things, Naomi Klein, Nelson Mandela, new economy, Nikolai Kondratiev, ocean acidification, oil shale / tar sands, oil shock, opioid epidemic / opioid crisis, placebo effect, Planet Labs, planetary scale, plant based meat, plutocrats, Ponzi scheme, radical decentralization, Ralph Nader, reality distortion field, Recombinant DNA, Rubik’s Cube, Salesforce, self-driving car, shareholder value, sharing economy, Sheryl Sandberg, Silicon Valley, smart cities, smart grid, sovereign wealth fund, space junk, Steven Pinker, Stewart Brand, supply-chain management, synthetic biology, systems thinking, The future is already here, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Tim Cook: Apple, urban planning, Whole Earth Catalog

See also: https://glasaaward.org/wp-content/uploads/2014/01/EPL080212final.pdf. 25.https://www.clubofrome.org/report/the-limits-to-growth/ 26.https://www.stockholmresilience.org/research/planetary-boundaries/planetary-boundaries/about-the-research/the-nine-planetary-boundaries.html 27.https://timjackson.org.uk/ecological-economics/pwg/ 28.https://www.degrowth.info/en/what-is-degrowth/ 29.Better Business, Better World, Business and Sustainable Development Commission, 2017. See also: http://report.businesscommission.org. 30.John Elkington, “Saving the Planet from Ecological Disaster Is a $12 Trillion Opportunity,” Harvard Business Review. See also: https://hbr.org/2017/05/saving-the-planet-from-ecological-disaster-is-a-12-trillion-opportunity. 31.Michael Liebreich, “The Secret of Eternal Growth,” Initiative for Free Trade, October 29, 2018.

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By extension, the economic growth rate is “the annual rate of growth of the economy, normally measured by the change in gross national product (GNP) or gross domestic product (GDP).” For several decades, the focus of activists was on potential limits to endless, exponential growth. Some experts—including Tim Jackson, with his book Prosperity without Growth27—have even argued for a “degrowth” strategy.28 If the global population were declining—and business people were not needed on the journey—the idea might have attracted more attention than it has. But it isn’t (yet) and they are, more than ever. NEW STORIES In recent years, as the global population has continued to explode, there has been a jump in interest in potential growth markets linked to various change agendas.

This Changes Everything: Capitalism vs. The Climate by Naomi Klein

"World Economic Forum" Davos, 1960s counterculture, activist fund / activist shareholder / activist investor, An Inconvenient Truth, Anthropocene, battle of ideas, Berlin Wall, Big Tech, big-box store, bilateral investment treaty, Blockadia, Boeing 747, British Empire, business climate, Capital in the Twenty-First Century by Thomas Piketty, carbon credits, carbon footprint, carbon tax, clean tech, clean water, Climategate, cognitive dissonance, coherent worldview, colonial rule, Community Supported Agriculture, complexity theory, crony capitalism, decarbonisation, degrowth, deindustrialization, dematerialisation, different worldview, Donald Trump, Downton Abbey, Dr. Strangelove, electricity market, energy security, energy transition, equal pay for equal work, extractivism, Exxon Valdez, failed state, fake news, Fall of the Berlin Wall, feminist movement, financial deregulation, food miles, Food sovereignty, gentrification, geopolitical risk, global supply chain, green transition, high-speed rail, hydraulic fracturing, ice-free Arctic, immigration reform, income per capita, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, invention of the steam engine, invisible hand, Isaac Newton, James Watt: steam engine, Jones Act, Kickstarter, Kim Stanley Robinson, land bank, light touch regulation, man camp, managed futures, market fundamentalism, Medieval Warm Period, Michael Shellenberger, military-industrial complex, moral hazard, Naomi Klein, new economy, Nixon shock, Occupy movement, ocean acidification, off-the-grid, offshore financial centre, oil shale / tar sands, open borders, patent troll, Pearl River Delta, planetary scale, planned obsolescence, post-oil, precautionary principle, profit motive, quantitative easing, race to the bottom, Ralph Waldo Emerson, Rana Plaza, remunicipalization, renewable energy transition, Ronald Reagan, Russell Brand, scientific management, smart grid, special economic zone, Stephen Hawking, Stewart Brand, structural adjustment programs, Ted Kaczynski, Ted Nordhaus, TED Talk, the long tail, the scientific method, The Wealth of Nations by Adam Smith, trade route, transatlantic slave trade, trickle-down economics, Upton Sinclair, uranium enrichment, urban planning, urban sprawl, vertical integration, Virgin Galactic, wages for housework, walkable city, Washington Consensus, Wayback Machine, We are all Keynesians now, Whole Earth Catalog, WikiLeaks

Only in the immediate aftermath of the great market crash of 1929 did the United States see emissions drop for several consecutive years by more than 10 percent annually, but that was the worst economic crisis of modern times.50 If we are to avoid that kind of carnage while meeting our science-based emissions targets, carbon reduction must be managed carefully through what Anderson and Bows-Larkin describe as “radical and immediate de-growth strategies in the US, EU and other wealthy nations.”II51 Now, I realize that this can all sound apocalyptic—as if reducing emissions requires economic crises that result in mass suffering. But that seems so only because we have an economic system that fetishizes GDP growth above all else, regardless of the human or ecological consequences, while failing to place value on those things that most of us cherish above all—a decent standard of living, a measure of future security, and our relationships with one another.

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Most of them were quietly measuring ice cores, running global climate models, and studying ocean acidification, only to discover, as Australian climate expert and author Clive Hamilton puts it, that in breaking the news of the depth of our collective climate failure, they “were unwittingly destabilizing the political and social order.”55 Nonetheless, that order has now been destabilized, which means that the rest of us are going to have to quickly figure out how to turn “managed degrowth” into something that looks a lot less like the Great Depression and a lot more like what some innovative economic thinkers have taken to calling “The Great Transition.”56 * * * Over the past decade, many boosters of green capitalism have tried to gloss over the clashes between market logic and ecological limits by touting the wonders of green tech, or the “decoupling” of environmental impacts from economic activity.

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It’s also because they are paying attention. Growing the Caring Economy, Shrinking the Careless One A great deal of thought in recent years has gone into how reducing our use of material resources could be managed in ways that actually improve quality of life overall—what the French call “selective degrowth.”IV Policies like luxury taxes could be put in place to discourage wasteful consumption.62 The money raised could be used to support those parts of our economies that are already low-carbon and therefore do not need to contract. Obviously a huge number of jobs would be created in the sectors that are part of the green transition—in mass transit, renewable energy, weatherization, and ecosystem restoration.

Making the Modern World: Materials and Dematerialization by Vaclav Smil

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, additive manufacturing, American Society of Civil Engineers: Report Card, Apollo 11, Apollo Guidance Computer, Boeing 747, British Empire, decarbonisation, degrowth, deindustrialization, dematerialisation, Deng Xiaoping, energy transition, Fellow of the Royal Society, flying shuttle, Ford Model T, global pandemic, Haber-Bosch Process, happiness index / gross national happiness, hydraulic fracturing, income inequality, indoor plumbing, Intergovernmental Panel on Climate Change (IPCC), James Watt: steam engine, megacity, megastructure, microplastics / micro fibres, oil shale / tar sands, peak oil, post-industrial society, Post-Keynesian economics, purchasing power parity, recommendation engine, rolodex, X Prize

Fleming, P.A. and Loveridge, J.P. (2003) Miombo woodland termite mounds: resource islands for small vertebrates? Journal of Zoology, London, 259: 161–168. Flipo, F. and Schneider, F. (eds) (2008) Proceedings of the 1st International Conference on Economic De-Growth for Ecological Sustainability and Social Equity, http://events.it-sudparis.eu/degrowthconference/appel/Degrowth%20Conference%20-%20Proceedings.pdf (accessed 23 May 2013). FLSmidth (2011) Rotary Kilns for Cement Plants, http://www.flsmidth.com/∼/media/Brochures/Brochures%20for%20kilns%20and%20firing/RotaryKilnsforcementplants.ashx (accessed 23 May 2013).

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His objective is “wealth without resource consumption” – a goal that, as he admits, is of little interest to the prevailing “river” economy, and, as I would argue, of no real interest to all but a tiny fraction of citizens in any country, affluent or impoverished. Others make proposals for “economic de-growth” (Flipo and Schneider, 2008), for managing prosperous economies without growth (Victor, 2008; Jackson, 2009). And yet others argue that the time to begin these great transformations is now because the “denouement of exponentials,” the end of exponential expansion of material use and of accelerating expansion of debt, is fast approaching (Morgan, 2010).

The Rare Metals War by Guillaume Pitron

Albert Einstein, Berlin Wall, carbon footprint, circular economy, clean tech, cloud computing, collapse of Lehman Brothers, commodity super cycle, connected car, David Attenborough, decarbonisation, degrowth, deindustrialization, dematerialisation, Deng Xiaoping, Donald Trump, driverless car, dual-use technology, Elon Musk, energy transition, Fairphone, full employment, green new deal, green transition, industrial robot, Internet of things, invisible hand, Jeff Bezos, Kickstarter, knowledge economy, Lyft, mittelstand, offshore financial centre, oil shale / tar sands, planetary scale, planned obsolescence, Silicon Valley, smart cities, smart grid, smart meter, South China Sea, spinning jenny, Tesla Model S, Yom Kippur War

The awareness is there, and every one of us already recognise the need to limit our consumption of electronic goods built for obsolescence, to ‘eco-design’ goods for easy recycling and less waste, to opt for short supply loops, and to focus on saving resources.4 While moderate consumption does not necessarily lead to ‘degrowth’, the best energy is that which we use wisely.5 I end on this note with French engineer Christian Thomas, who leaves us with a comment of optimism and common sense: ‘We don’t have a rare material problem; we have a grey matter problem.’6 Will we know how to put our grey matter towards finding the antidote to rare metals?

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See Pierre-Noël Giraud and Timothée Ollivier, Économie des matières premières [The Economics of Raw Materials], op. cit. See Philippe Bihouix, L’Âge des low technology: vers une civilisation techniquement soutenable [The Age of Low Technology: towards a sustainable technical civilisation], Seuil, 2014. Translator’s note: Originally a French term (décroissance), ‘degrowth’, refers to the downscaling of production and consumption (energy and resources), and to decoupling growth from improvement. Interview with Christian Thomas, 2017.

What's Wrong With Economics: A Primer for the Perplexed by Robert Skidelsky

additive manufacturing, agricultural Revolution, behavioural economics, Black Swan, Bretton Woods, business cycle, carbon tax, Cass Sunstein, central bank independence, cognitive bias, conceptual framework, Corn Laws, corporate social responsibility, correlation does not imply causation, creative destruction, Daniel Kahneman / Amos Tversky, David Ricardo: comparative advantage, degrowth, disruptive innovation, Donald Trump, Dr. Strangelove, full employment, George Akerlof, George Santayana, global supply chain, global village, Gunnar Myrdal, happiness index / gross national happiness, hindsight bias, Hyman Minsky, income inequality, index fund, inflation targeting, information asymmetry, Internet Archive, invisible hand, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kenneth Arrow, knowledge economy, labour market flexibility, loss aversion, Mahbub ul Haq, Mark Zuckerberg, market clearing, market friction, market fundamentalism, Martin Wolf, means of production, Modern Monetary Theory, moral hazard, paradox of thrift, Pareto efficiency, Paul Samuelson, Philip Mirowski, Phillips curve, precariat, price anchoring, principal–agent problem, rent-seeking, Richard Thaler, road to serfdom, Robert Shiller, Robert Solow, Ronald Coase, shareholder value, Silicon Valley, Simon Kuznets, sunk-cost fallacy, survivorship bias, technoutopianism, The Chicago School, The Market for Lemons, The Nature of the Firm, the scientific method, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, Thorstein Veblen, Tragedy of the Commons, transaction costs, transfer pricing, Vilfredo Pareto, Washington Consensus, Wolfgang Streeck, zero-sum game

It roots the feeling of dissatisfaction not in individual psychology (e.g. envy) but in the social demand for fairness. A third, more recent, argument emphasising the long-term costs to the planet, and therefore to future generations, of our relentless pursuit of ‘more and more’, has led to demands for ‘de-growth’. However, these are differences within the circle of material adequacy; they do not discuss what the requisites are for. Thus we justify money spent on education and health as means to well-being, rather than treating them as part of well-being, and so intrinsically valuable. Since everyone has their own idea of well-being, economics must confine itself solely to means, and assume that people are efficient at converting physical resources into well-being.

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The important thing is for people to understand how they fit into the global ecosystem, how economic activities are damaging this ecosystem, and how they might need to change to preserve it, a question first posed by the Club of Rome’s classic The Limits to Growth.28 Georgescu-Roegen went so far as to argue that the only way of preventing the entropy of the planet was through policies of ‘de-growth’. An important development of this line of argument is Kate Raworth’s (b.1970) ‘doughnut economics’, which challenges economics to find a balance between the ‘social foundation’ and ‘ecological ceiling’.29 Economic activity must be set within the bounds of ecological possibility. The diagram shows that ecological economics has the same imprecision in its core idea that we encountered in the economics of ‘well-being’.

The Corona Crash: How the Pandemic Will Change Capitalism by Grace Blakeley

Anthropocene, asset-backed security, basic income, Big Tech, bond market vigilante , Bretton Woods, business cycle, capital controls, carbon tax, central bank independence, coronavirus, corporate governance, COVID-19, creative destruction, credit crunch, crony capitalism, debt deflation, decarbonisation, degrowth, deindustrialization, don't be evil, financial deregulation, Francis Fukuyama: the end of history, full employment, gig economy, global pandemic, global value chain, green new deal, Greenspan put, income inequality, informal economy, inverted yield curve, invisible hand, Jeff Bezos, liberal capitalism, light touch regulation, lockdown, low interest rates, Martin Wolf, Modern Monetary Theory, moral hazard, move fast and break things, Network effects, North Sea oil, Northern Rock, offshore financial centre, pensions crisis, Philip Mirowski, post-war consensus, price mechanism, quantitative easing, regulatory arbitrage, rent control, reshoring, Rishi Sunak, savings glut, secular stagnation, shareholder value, social distancing, structural adjustment programs, too big to fail, universal basic income, unorthodox policies, Washington Consensus, yield curve

There is now evidence that the big polluters have known about the impact of burning fossil fuels since at least the 1970s, and yet they have earned billions of dollars’ worth of profits since then – some of these even used to sponsor climate denialism.16 Instead of imposing carbon taxes, or encouraging small behavioural changes, working people must use their influence over state institutions to enforce constraints on polluting activities and promote investment to absorb job losses in carbon-intensive sectors. Focusing on recycling, energy-efficient light bulbs and plastic straws militates against the emergence of such a movement by encouraging people to think of climate breakdown in individualised terms. Equally, buzzwords like ‘degrowth’ conjure up images of scarcity and poverty that deter people from climate activism. Tackling climate breakdown requires a mass movement that can fight back against a capitalist system that exploits human beings as much as it does the natural environment. The Green New Deal must be global – it must result from cooperation between working people, outside of existing international institutions.

Ecovillages: Lessons for Sustainable Community by Karen T. Litfin

active transport: walking or cycling, agricultural Revolution, Anthropocene, back-to-the-land, car-free, carbon footprint, clean water, collaborative consumption, Community Supported Agriculture, complexity theory, congestion pricing, corporate social responsibility, degrowth, glass ceiling, global village, hydraulic fracturing, intentional community, megacity, new economy, off grid, oil shale / tar sands, peak oil, planetary scale, publish or perish, Silicon Valley, systems thinking, the built environment, the scientific method, The Spirit Level, urban planning, Zipcar

There’s only one catch: infinite growth on a finite planet is impossible – a fact that ecovillages have internalized. No wonder, then, that venturing out into “the real world” felt so jarring – the two cultures are living at cross-purposes! Ultimately, sustainability is not optional; it is the sine qua non for earthly habitation. “Degrowth,” as ecological economists call it, is inevitable, which means that we can look to ecovillagers as our forerunners. And, I might add, those of us in affluent societies can also learn from those who are living closer to the earth. Heretical though it might sound, a new breed of economists is thinking about how societies can flourish while downsizing.

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(Dr Ari) 28, 170 Arkin, Lois 30, 114–15, 143 art 8, 13, 58, 88, 119, 122, 138, 141, 183–4 Asia 12, 13, 15, 45, 71, 195 atheism 10, 150, 159, 162 atmosphere (Earth’s) 45, 113, 155, 169, 189 attunement 22, 128–9, 156 Auroville 10, 19, 27, 30–1, 38, 45–6, 63, 71, 88, 104, 114, 133, 137–40, 142, 150, 155, 177, 180–4 Auroville Village Action Group 181 Aurum earth-brick machine 46 Australia 13, 15, 26–7, 46, 53, 73, 181 Ba, Djibril (Jiby) 59, 72, 91 back-to-the-land 11, 22, 56 backyard 73, 97, 127, 189, 190, 205 backyard farm 97, 205 bacteria 29, 51, 60–1 Balde, Djibril 59 Bangladesh 107, 201 Barrel Cluster (Findhorn) 40 Bayer Corporation 199 beauty 25, 39, 47, 75, 78, 82, 89, 101, 108, 147, 163, 174–5, 205 bees 54, 74 belonging (sense of) 14, 30, 31, 136, 144, 146–8, 150, 152, 185 culture of 146–8, 152, 192 story of 185 Berlin 23, 64, 84, 86, 88, 177 Berry, Thomas 154–5 Berry, Wendell 170 Bible (New Testament) 163, 173 bicycle 1, 8, 27, 43, 63–7, 127, 192–4 Big Bang 154–5 bike trains 189 biodiversity 27, 71 see also wildlife biogeochemical cycles 201 biology 4, 25, 36, 51, 53, 57, 72, 135, 154, 159, 162, 163 birds 34, 73, 152, 155 Block, Peter 192 blocking (in consensus decision-making) 8, 41, 64–5, 117–19 Bokaer, Joan 54 Bott, Gabi 166 Brazil 13, 195 Brooks, Joss 181–3 Buddhism 28, 85, 149, 150, 151, 159, 162, 164, 165, 171, 177 building codes 40, 44, 53, 194 bus stop 24, 63, 131, 191 Business Alliance for Local Living Economies 89, 199 Caddy, Peter and Eileen 128, 156 Calera Creek Water Recycling Plant 194 California 6, 29, 43, 69, 74, 111–12, 166, 169, 194 car culture 27, 46, 62, 65–6, 145, 193 Camara, Lamin 90–1 Canada 197 capitalism 79, 88, 106, carbon dioxide 45, 71, 161 Caron, Paul 175–6 Carruba, Capra 16, 125 Catholicism 189 cell phones 70 cement 45, 116 charcoal 33, 72–3 Chennai 181–2 child-rearing practices 11, 17, 18, 24, 94, 111–12, 114, 116, 119, 133–8, 168, 191 children 8, 17, 21–2, 24, 30, 46, 66, 69, 85, 88, 94, 111, 114, 116, 119, 124–5, 127, 131–8, 140–1, 143–4, 147, 153, 163, 168, 180, 189, 193 absence of 30, 137 education of 23, 66, 88, 132, 140, 153, 163, 189 participation of in ecovillage culture 13, 134, 137, 143–5, 147 raised in ecovillages returning 116, 135–7 wellbeing of 24, 30, 46, 111–12, 116, 119, 127, 131, 147, 153 China 36, 59, 62–3, 193 choir 98, 138, 141, 145 Christian, Diana Leafe 113, 119, 206 Christianity (Christian) 149, 150, 151, 159, 162, 168, 185 circle of life 33–4, 74–7, 79, 109–11, 146, 148–9, 188, 202 circus 64, 88–9, 124 Cities for Climate Protection 194 citizenship 35, 49, 75, 92, 100, 122, 124, 136, 189, 202 City Repair 191 climate change 1, 5, 16, 34, 49, 50, 70, 75, 111, 130, 155, 161, 169, 172, 188, 190, 194, 195, 201, 204–5, 211 Club 99 (Sieben Linden) 43, 56–7, 70, 171 cogeneration 40, 49 co-housing 11, 21, 46–7, 93, 127, 207 Cold War 23, 88 collaborative consumption 34, 68–70, 92, 146 collective intelligence 175–9, 185 Colufifa 25–6, 31, 58–60, 66, 90–1, 105, 114, 120, 125, 150, 167–9, 196, 199 common house 17, 27, 43, 46, 50, 69, 70, 92–3, 97, 113, 127, 139, 143, 171 common property 69–70, 80, 92–4, 97, 191, 197, 199 Commoner, Barry 75 commons 191, 197, 199 see also common property commune 95–7, 127, 163 communication 18, 25, 78, 112, 119, 121–3, 125–8, 139, 147, 166, 174–5, 192, 201 communism 95, 106 community meals 70, 83, 162, 195 Community Sustainability Assessment 10, 132 Compassionate Listening 147, 192 complementary currency 99–103, 110 compost 5, 8–9, 32, 34, 54, 59, 128, 129, 137, 146–7, 207 composting toilet 15, 20, 41, 53, 61, 133, 147, 207 compressed-earth building 27–8, 46 conflict 11, 18, 106, 112, 114, 117–23, 137–8, 147, 150, 176, 205 conflict resolution 18, 106, 114, 137–8, 205 connection (sense of) 25, 69, 115, 123–4, 152, 155, 162–3, 166, 171 connectivity 185–6, 202–3 consensus 2, 6, 18, 20, 116–20, 125, 177, 180 consumerism 80, 97, 176 see also consumer society; overconsumption consumer society 15, 80, 92, 102 see also consumerism; overconsumption contraction and convergence 105 cooperative(s) 93, 100–2, 106, 191, 199 Copenhagen 133, 194 corporate lobbying 197–8 cottage industries 27, 87–8, 181–2 Council of Sustainable Settlements of the Americas (CASA) 200–1 courtyard 29, 46, 73, 84, 162 credito 100–3 crisis 3–4, 9, 11, 16, 18, 26, 36, 59, 108, 116, 120, 150, 153, 172, 176, 191, 203 ecological 1–5, 9, 11, 16, 150, 153, 172, 176 extinction 203 of meaning (existential) 150, 153 within ecovillages 18, 26, 108, 116–20 cult 115–16 currency (monetary) 12, 79–80, 98–103 da Silva, Arjuna 48 dairy 56, 83–4, 87 Damanhur 16, 18, 25, 30, 36–40, 42, 46, 57, 63, 87, 100–3, 115, 120, 122–5, 130, 133, 135–6, 150, 155, 157–60, 163, 171, 174, 177, 180, 183 Damanhur Crea 101 Dawson, Jonathan 11, 14, 68, 82, 124, 129, 130, 132 decision-making 17–18, 94, 116–17, 120, 135, 147, 177, 199 Dee, Bhavana 180–1 degrowth 196–7 democracy 66, 94, 106, 116, 117, 120, 177, 185, 188–9, 191, 193 Denmark 12, 22, 49, 92, 95, 97, 134, 197 dinosaurs 153, 155, 203–4 do-it-yourself politics 190 Dongtan (China) 193 downsizing 63, 105, 107, 197 drought-resistant plants 53 Duhm, Dieter 115–16 E2C2 30–5, 76, 80, 110, 151, 188, 191, 193, 195, 199, 203, 207 Earth community 76, 202 Earth System Governance 201 Earthaven 17. 20, 36, 38, 40, 43, 47–9, 53, 57–8, 77–8, 93, 100, 105, 108, 113–21, 129, 141, 150, 160, 165–6 Ecker, Achim 115 eco-home 42, 77, 108 ecological economics 196–7 ecological footprint 7, 21, 24, 26, 34–5, 43, 57, 68, 70, 73, 171, 183 ecology (defined) 34–5 eco-neighborhood 201 see also neighborhoods, sustainability practices in ecosystem 27, 34, 71, 74, 89, 109, 158. 182 ecovillage (defined) 3, 12 Ecovillage at Ithaca (EVI) 17, 21, 36, 41, 46, 50, 54, 63, 69, 83, 86, 93, 107–8, 111–14, 127, 138–9, 152, 194, 198 Ecovillage Design Education (EDE) 38, 132, 195 Ecovillage Network of the Americas 12 EcoYoff (Senegal) 179 Edinburgh 195 education 11, 12, 13, 19, 20, 23, 25, 67, 78, 89, 94, 119, 131–2, 135, 179, 181–2, 198 Effective Micro-organisms 29, 60, 182 efficiency 34, 36, 39–42, 64, 66, 81, 108, 121, 147 ego-village 42, 176 electric cars 36, 81 embodied energy 36, 42 energy 3, 20, 25, 27, 30, 34, 36, 38, 39, 40–5, 47, 48–9, 50–3, 58, 62, 63, 66, 69, 70, 74–5, 78, 82–3, 86, 88, 92, 99, 101, 111, 115, 122, 127, 130, 154–5, 156, 164, 176, 182, 183, 188, 189, 190, 193, 195, 197, 202, 205 cogeneration 40, 49 descent 70, 83, 92, 130, 189–90, 195, 202 fossil fuel 34, 42, 49, 51, 58, 62–3, 74, 92, 161, 167, 171, 192, 197, 200 micro-hydro 48 natural gas 48–9, 63 nonrenewable 5, 15, 49, 83 renewable 3, 38, 40, 48, 49, 63, 78, 82, 83, 88, 135, 156, 190, 197, 205 solar 9, 15, 25, 27, 28, 36, 40–5, 48–9, 63, 81–6, 101, 108, 111, 113, 133, 147, 183, 191, 193, 198, 205 wind 27, 48–51, 63, 73, 133 wood 33–4, 40–2, 48–9, 72, 141, 161 energy return on energy investment (EROEI) 62–3 engineer 43, 69, 84, 111 enlightenment (spiritual) 164, 183 entropy 155, 159 Estonia Ecovillage Network 179 Ethiopia 60 ethnic diversity 115, 155 Europe 4, 5, 12, 13, 15, 19, 26, 44, 49, 50, 55, 56, 58–60, 65–6, 105, 117, 122, 132, 163, 167–8, 178–9, 194, 197 European Union 5, 55–6, 189, 195, 198 evolution 3–4, 146, 148, 149, 152, 154–5, 157, 159–60, 162–3, 166, 175, 178, 185, 203–4 biological 3, 146, 154, 159, 161, 162, 166, 185, 203–4 cosmological 154–5, 159, 163 cultural 4, 148–9, 160, 166, 175, 188, 203–4 evolutionary intelligence 151, 154, 157, 163, 203 exponential growth 92, 102, 186 Falco (Oberto Airaudi) 25, 122, 158 Farmer, Chris 47–8, 58, 118, 141, 160 fermentation 141, 192 Field of Dreams (Findhorn) 42 Findhorn 12–13, 21–2, 30–1, 40, 42, 49, 51–2, 63, 68, 82, 89, 100, 115, 124, 128–9, 133, 138, 142, 150, 155–7, 177–8, 180, 194–5 Findhorn Consultancy Service 98 Findhorn Foundation 98 fish 58, 77–8, 90, 99,106, 188, 198 focalizer 22, 128, 156 forest (include forestry) 20, 33–4, 37, 55, 58, 71–2, 77, 90, 92, 116, 119, 125, 134, 162, 181, 183, 198 Forum (ZEGG practice) 24, 121–2, 132, 147, 192 fossil fuels 34, 42, 49, 51, 58, 62–3, 74, 92, 161, 167, 171, 192, 197, 200 freedom 6, 86, 95, 97, 121, 131, 178 friendship 6, 9, 42, 81, 108, 129, 134, 164, 185 frugality 51, 105 full-cost accounting 80–2, 189, 197–9 funeral 24, 144–5 Furuhashi, Michiyo 95, 176 Gaia 5, 31, 155–6, 163, 201 Gaia Education 10, 31, 132, 155, 190, 195, 198 Gaia Trust 12 Galle (Sri Lanka) 170–1 Gambia 35, 59, 90, 140, 167–8 Game of Life (at Damanhur) 124–5 Gandhi, Mahatma 81, 106 garbage 5, 9, 88–9, 194 Gateway Farm 57–8, 77, 108, 118, 160–1 GEN-Africa 200–1 gender relations 27, 72, 120, 126, 168 GEN-Europe/Africa 12 GEN-Oceania/Asia 12 genetically modified food 16, 25, 36, 54, 57 Germany 23–4, 33, 40, 44, 48–9, 56, 105, 115–16, 129, 143, 166, 177, 193, 197 gift economy 103–4, 147, 191–2, 199 Gilman, Robert and Diane 12 Gilmore, Jeff 69, 111–13, 138 global civilization 189, 200–2 global economy 12, 16, 34, 62, 79, 80, 82, 107, 109 Global Ecovillage Network (GEN) 10–12, 26, 38, 132–3, 179, 200–1 global governance 200–2 global inequality 35, 105, 167–9 global injustice 35, 169 globalization 12, 60, 63, 75, 107, 133, 139, 170, 186, 200–2 goat(s) 60–1, 207 God 61, 102, 136, 149–50, 164, 168–9, 173, 176, 182 Goura (Damanhurian) 57, 171 governance 18, 20, 28, 114, 116–17, 119, 120–1, 125, 134, 188, 190, 198, 200–1 government 72, 73, 83, 92, 94, 102, 106, 183, 190–1, 195–200 see also subsidies Great Depression 102 Great Reskilling 192 Great Unfoldment 152–61, 162–5, 172–4, 177, 178, 185, 186 green building 13, 36, 39–44, 45–8, 75, 175, 182 greenhouse gas emissions 45, 48, 62, 67–8, 71, 167, 169, 184, 193 see also carbon dioxide Greer, John 103 Groundswell Training Center 198 guesthouse 27, 117 guests in ecovillages 20–1, 23, 28, 40, 65, 68, 71, 87, 100, 117, 128, 132, 140, 144 see also visitors Gunambil (Sri Lanka) 106 Guneskoy Village (Turkey) 179 Halbach, Dieter 164 Hall of Metals (Damanhur) 158–60 Harris, Martha 93, 108 Hanover (Germany) 193 Hawken, Paul 200 Higa, Teruro 60 high school 8, 11, 77, 136 high-density building 46, 194 high-tech approaches in ecovillages 16, 25, 36, 40, 47, 113 Hinduism (Hindu) 149, 150, 151, 159 holistic approach 36–9, 126, 155, 166, 170 see also systemic thinking Hollywood 29, 65–7, 193 homeowners’ association 93, 191 Honduras 65 Høngsmark, Kirsten 96–7 horses 36, 56, 134, 143, 145 Hubble Telescope 188 Hübl, Thomas 177–9, 189 human excrement 8, 34, 182 human manure 33–4, 53 see also human waste; urine human subjects review 11 human waste 33–4 , 53, 182 hunger 10, 25–6, 31, 58–60, 69, 84–5, 97, 130, 141, 185, 196 hybrid cars 36 hyper-individualism 29, 185, 192, 193, 203 idealism 6, 17, 47–8, 86, 89, 99, 118, 120, 136 income (ecovillagers’) 16, 20, 22, 88, 95–6, 98, 101, 164; see also salary India 19, 27, 35–6, 57, 59, 62, 81, 140, 165, 169, 180–3 individualism 29, 46, 116, 176, 178, 185, 192, 193, 203 Indus Valley Restaurant 104 industrialized agriculture 105 infrastructure 35, 48, 51, 62, 63, 69, 86, 186, 194, 202 insulation 41–3 integrity 9, 80, 86, 149, 181, 201 intention (in ecovillages) 114–16, 123, 164, 207 see also purpose (sense of) intentional community 12, 93, 123, 164, 207 interdependence 4–5, 9, 17, 27, 28, 46, 49, 75, 79, 108, 117, 152, 184, 185–6, 199–202 ecological 4–5, 9, 36, 75, 108, 117, 184, 185–6 global (planetary) 4–5, 9, 27, 46, 75, 79, 117, 184, 185–6, 199–202 social 4–5, 9, 17, 36, 49, 117, 152, 184, 185–6 interest (monetary) 12, 17, 23, 35, 54, 76, 79, 80, 83, 100, 102–3, 112, 129 internal economy 64, 100 internalizing costs 197 see also full-cost accounting International Consortium of Local Environmental Initiatives 190 international institutions 189, 200 international law 3, 189, 194, 200 International Training Center for Local Authorities (CIFAL) 195 internet 12, 36, 64, 70, 99, 189, 191, 199, 201 interreligious sensitivity 149–50, 168 Isadon (Furuta Isami) 29, 61, 121, 172–3 Islam (Muslim) 26, 149, 150, 151, 159, 162, 168 Italy 16, 18, 25, 49, 100–2, 136, 157 Jackson, Ross 12 Japan 28–9, 60–1, 92, 94, 123, 172 jobs 79, 85–8, 96, 100, 111, 117, 166, 197 joining fee 93, 95 Judaism (Jew) 149, 159, 162 kibbutz 12, 13 Kibbutz Lotan (Israel) 179 Kidokoro, Yuki 84, 123, 143 Kitao, Koichi 60–1, 74 Kloster, Jørgen 55–6 Konohana 28–9, 60–1, 74, 92, 94–5, 121, 150, 155, 172–3, 176–7, 180 laboratory (ecovillage as) 13, 18, 27, 79, 86, 131, 149, 151, 164, 175, 180, 185–6, 205 LA County Bicycle Coalition 65 Læssø, Bø 55–6 Lagoswatte 28 laundry 46, 47, 50, 69 laws 25, 27–8, 93, 97, 106, 155, 170, 191, 197–9 learning author’s 2, 5–9, 13–16, 20, 39, 45, 67, 94. 102, 110, 141, 143, 153, 165, 168, 174–5, 179, 181, 205–7 from ecovillages 11, 14, 18–19, 60–1, 121, 131–4, 141–2, 147, 150, 187–204 in ecovillages 11, 14, 18–19, 28, 47, 51, 53, 60–1, 88, 108, 111, 113, 121, 131–4, 136–8, 147, 164, 177 legal and financial structure 92–7 lessons (from ecovillages) 9, 13, 15, 32, 69, 81, 110, 151, 187–204 libertarianism 190 Lietaer, Bernard 99–100 Lindegger, Max 26, 28, 84 linear model (economic) 33–4, 53, 75, 203 literacy 25, 106, 168, 181 Living Building Challenge 194 Living Machine 51–2, 194 living system 5, 53, 166, 173 Lizama, Jimmy 65–6, 193 localization 16, 54–5, 73–80, 84, 87–9, 97, 99, 110–11, 130, 141, 189–96, 198–9, 201–2 Los Angeles 13, 15, 29–30, 65, 67, 84, 93, 114, 150, 162, 193–4 riots in 30, 114–15 Los Angeles Eco-Village (LAEV) 29–30, 65, 67, 84, 93, 114–15, 123, 127, 137, 142, 150, 162, 193 Love, Brian 58, 77–8, 108 Lovelock, James 155 low-income housing 108 low-tech approaches in ecovillages 16, 36, 40, 47, 70 MacLean, Dorothy 156 Macy, Joanna 154, 165–6 magic 25, 124, 127, 159, 160–1, 163 malaria 25, 181 Marland, Angus 156–7 mass extinction 1, 75, 155, 172, 203 mass transit 23, 63–4, 66, 92, 127, 167, 206 Matrimandir (Auroville) 183–4 Mbackombel (Senegal) 198 meat 22, 25, 55–8, 83 medicine 59–60, 136 meditation 7, 25, 122, 128, 136, 151–2, 156–64, 165, 171, 177 Sarvodaya’s peace 151–2, 165 meetings 7, 17, 27, 46, 92, 95, 98, 105, 107, 112, 115, 117, 119, 120–1, 126, 132, 134, 138–40, 164, 172, 176–7, 179 membership process 22, 93–4, 96 microfinance 25, 59, 106–7, 168, 181, 185, 199 Middle America 21, 108, 194 Middle East 59, 197 Ministry of Ecovillages (Senegal) 198 misanthropic temptation 153 molecular biology lab 25, 36, 57 monasteries 11, 171 Monbiot, George 67–8 money 6, 8, 11, 13, 16, 49, 55, 77–80, 86–7, 98–103, 109–20, 140–1, 161, 168, 169, 180, 192, 198 see also currency (monetary); complementary currency monogamy 24, 115 Morrison, Lara 162 Mount Fuji 28, 172, 174 multinational corporation 112, 161, 200 music 8, 23, 86, 139, 142, 174–5, 185 see also song(s) Music of the Plants (Damanhur) 174–5 mysticism 115, 156, 162, 177, 183, 185 nation-state 117, 200 Nature-Spirit Community 126 Ndao, Babacar 198 neighborhood skills map 64, 70, 87, 192 neighborhoods 6, 21, 29, 32, 43, 54, 46, 50, 52, 56, 64, 67, 70, 87, 97, 108, 109, 110, 114, 138, 141, 146, 167, 171, 187, 188, 190, 191–6, 201, 205 sustainability practices in 80, 87, 97, 109–10, 114, 138, 141, 146, 188, 191–2, 205 New Age 21, 88, 162 New Rural Reconstruction Movement (China) 196 New York City 193 Nonviolent Communication (NVC) 112, 119, 123, 125, 147, 192 Nygren, Kristen 111–13, 138 Obama, Michelle, 199 oikos 74–5, 79 oneness 162, 186 organic food 2, 6, 9, 21, 29, 54–60, 73, 75, 81, 84, 87, 97, 128–9, 133, 191 overconsumption 4–5, 35, 36, 105, 107, 112, 167, 202 see also consumerism; consumer society Owen, David 193 ownership 11, 18, 64, 70, 80, 101–2, 92, 94, 97–8, 146, 199 Pacific Northwest 187 park (public) 73, 92. 97, 189 participatory development 10, 12 particle consciousness 178, 189 passive solar design 40–5, 48, 82, 108, 113 patriarchy 26, 115, 117, 120 Peace Contract with Animals (Sieben Linden) 24, 56 Peace Corps 198 peace movement 164 peak oil 5, 50, 62–3, 130 Pepe, Lucertola 174–5 permaculture 20, 26, 34, 36–9, 54, 58, 73, 75, 117, 162, 188, 195, 200, 205 personal growth 89, 113, 120, 148, 149, 175, 206 pets 73, 127 pioneer species 19 planetary citizen 189, 202 planetary interdependence 9, 27, 46, 186, 189 plants, communication with 162, 174–5 pocket neighborhood 194 policy making 189 polis 74–6, political activism 6, 11, 16, 23, 89, 133, 157, 164, 166 political science 35, 50, 85, 99, 116 politics 1–6, 35, 66, 88–9, 102–4, 113, 117, 129–30, 133, 141, 151, 157, 164–7, 189–90, 196 polyamory 23, 115 Portland (Oregon) 191, 193 postmodern 117, 125, 171 poultry 55, 58–61, 77, 84, 134, 168, 192, 207 Pour Tous Distribution Service (Auroville) 104 poverty 30–1, 43, 60, 81, 95, 151, 181 power of yes 190, 194, 199 power tools 69–70 preschool 107 private property 79–80, 92–4 product stewardship laws 197 prosperity 13, 101, 103, 105, 110 purpose (sense of) core human 188–9, 191, 196, 200, 202, 207 in ecovillages 12, 14, 18, 20, 23, 61, 78, 85, 109, 114–16, 118–19, 124, 132, 135, 138, 172, 182, 188 see also intention (in ecovillages) race 27, 168 rainwater 9, 26–9, 31, 44, 51–3, 71, 82, 113, 192, 205 real estate 54, 79, 92–4, 114 real wealth 97, 107, 109 recycling 3, 6, 188, 194 relational living 150, 165, 167, 192 religion 10, 149–50, 152, 154, 159, 162, 164, 165, 168–9, 172, 186 renters 79, 94 retirement 18, 81, 93–4, 108, 127, 207 retrofitting 41, 81, 114 right livelihood 80, 85–90, 99, 199 risk perception 82 n1 Rio+20 Earth Summit 200 Rosenberg, Marshall 123 rural ecovillages 17, 54, 71, 83, 84 Rylander, Kimchi 118–20 salary 1, 9, 11, 16, 20, 22, 72, 83–4, 88–9, 92 n6, 95–6, 98–9, 101, 105, 107–8, 113, 164, 167, 194, 198 Sarvodaya 13, 28, 31, 104, 106–7, 114, 120, 125–6, 129, 133, 149–52, 155, 165, 170, 187, 196 sauna 69, 93 science 51, 75, 135, 154–5, 162, 164–5, 185–6 Seattle 7, 30, 67, 138, 156, 191, 205–6 secularism 13, 31, 149, 150, 154, 159, 162–4, 168, 177, 185 Sekem (Egypt) 200 self-awareness 137, 170 Senadeera, Bandula 125–6 Senegal 25–6, 59, 66, 72, 167–9, 179, 198–9 Seneviratne, Mahama 151–2 sewage 27, 51, 132 sex 109, 115 Shapiro, Elan 107–8 shared-wall construction 45, 47, 69 sharing 16, 18, 22, 26, 32, 47, 54, 63–4, 69, 70, 81, 87, 92–3, 96–7, 106, 110, 114, 127, 132, 142, 146, 164–5, 172, 189, 191–4, 199, 201, 207 sheep 58, 77 Shelton, Julie 84 shramadana 104, 106, 129 Sieben Linden 24, 33–4, 36, 41, 43–4, 47, 49, 53, 56–7, 70–1, 105, 114, 127, 129, 143–6, 150, 164, 166, 171, 177–9 silence (inner) 128, 143, 157, 159, 169, 171, 178 simplicity 8, 39, 81, 171–4, 180 skills 8, 16, 32, 43, 64, 65, 78, 87, 88, 108–9, 110, 111, 114, 122, 127, 131, 134, 138, 139, 147, 189, 192, 207 SkyRoot 206–7 slavery 167, 185 Slow Cities 192 Slow Food movement 192 see also Slow Money; Slow Cities Slow Money 192 slums 115, 132, 182, 195, 196 socialism 88 sociocracy 120 soil 8, 17, 19, 24, 31, 33, 46, 53, 55, 56, 58–60, 71, 74–5, 84, 89, 103, 131, 145, 147, 156, 161, 196, 207 solar energy 9, 15, 25, 27–8, 36, 40, 48–9, 63, 81, 83, 86, 101, 108, 111, 113, 133, 147, 183, 191, 193,198, 205 solidarity 84–5, 100, 103, 109–10, 133, 169, 192, 200, 205, 207 song(s) 7, 28, 34, 73, 138, 143, 145, 147, 152, 179 see also music sorcerer’s apprentices 160–1 Spain 90, 168 spell 124, 160–1 see also magic spirituality 24, 30–1, 149, 150, 155–7, 162–5, 166, 170, 171–3, 180–5 Sri Aurobindo 180–2 Sri Lanka 13, 28, 106–7, 125–6, 142, 151, 155, 165, 170 steady-state economy 197 story of separation 4, 11, 165, 179, 195–6 straw-bale construction 18, 43–4, 47–8, 171 structural insulated panels (SIPS) 36 subsidiarity 189, 193, 198, 201 subsidies governmental 3, 15, 82–3, 197–8 within ecovillages 83, 96, 197 suburb 21, 41, 69, 97, 127, 193–4 survivalism 112 sustainable development 28, 88, 133 Sustainable Tompkins County 107 Svanholm 22–3, 31, 49, 55–6, 64, 92, 94–7, 114, 127, 134–5, 163–4 Swimme, Brian 154 symbiosis 4–5, 54, 103, 108–9, 120, 147 biological 53, 103, 148 intergenerational 108, 110 social 4, 54, 103, 108–9, 147–8 synchronic lines 158 systemic thinking 51, 188–90, 193, 208 see also holistic approach Tamerice, Macaco 100–2, 122, 158–9 Tamera 115, 122 Tamil Nadu 19, 27, 45, 88, 140, 181 tar sands 62 taxes 83, 93–6, 101, 189, 197 Technakarto (at Damanhur) 122, 125 technological solutions 36–8, 63, 133, 201–2 teenagers 15, 69, 136 Temples of Humankind 25, 157, 160, 183 Tompkins County (New York) 194 toilet 7, 15, 20, 33–4, 41, 51, 53, 61, 106, 131, 133, 147, 179, 207 toilet assumption 53 Tolle, Eckhart 157 tool library 191 tractor 125 traditional villages 10, 46, 105, 125, 196 transformation 28, 41, 70, 129–30, 145, 150, 155, 165, 168, 179, 183, 185, 192, 205 material 31, 140, 183 of consciousness 177–9, 183–5, 189, 192 personal 28, 145, 169, 173, 179, 192, 205 social 129–30, 168, 179, 185, 192 spiritual 150, 155, 183–4 Transition Town 130, 192, 195, 200–1 transparency 22, 24, 96, 164 transportation 8, 34, 39, 58, 60, 62–8, 75, 92, 189, 193, 194, 205 trees 17, 24, 27, 29, 33, 48, 58, 59, 71–3, 90, 97, 119, 140, 155 triple bottom line 199 trust 14, 17, 22, 64, 85, 96–97, 100, 102, 109, 112, 116, 119–23, 130, 146–7, 154, 164, 167, 174–5, 189, 191–2, 200–1, 207 tsunami 28, 88, 133, 170, 170 two-class society 79, 94, 108 UfaFabrik 23, 64–5, 84, 86, 88, 99, 124, 138–9, 150 unconventional hydrocarbons 62, 197 United Nations 21, 107, 132–3, 195 United States of America (US) 5, 8, 12, 15, 20–1, 29, 35, 48–50, 52, 57–8, 60, 62–3, 73, 82–3, 92–3, 105, 122, 126, 140–1, 177, 191, 197–8 universe story 154, 172 urban ecovillages 16, 23, 34, 64, 84 urban farming 54, 97, 205 urban planning 162, 189, 191 urine 53 utopia 18, 193 Van Dam, René 163 veganism 24, 56–7, 171 vehicle sharing 63–4, 92, 146 village model 78–9, 84, 117, 196 visitors (to ecovillages) 21, 23, 65, 68, 71, 87, 100, 117, 132, 140, 144 Wackernagel, Mathis 35 Walker, Liz 152–3, 194 war 5, 6, 17, 23, 80, 123, 133, 138, 151 wastewater 18, 46, 51, 52, 78, 194 see also sewage water conservation 51–3, 74 Way of Monks (Damanhur) 171, wealth 4, 8, 13, 16, 83, 97, 100, 103–4, 107–9, 112, 192, 197, 201 wellbeing 28, 36, 40, 46, 47, 78, 80, 85, 89, 105–6, 197 wells 17, 20, 51, 106, 117–18 West Africa 31, 59, 67, 167 wetland 52, 194 Whidbey Island 205–7 Wiartalla, Werner 86, 99 wildlife 26, 33–4, 38, 63, 70–4, 182, 194, 206 wind energy 27, 48–9, 51, 63, 73, 133 windows 36, 40–4, 43, 81, 127, 137, 143, 174 double-paned 36, 41, 43, 81 triple-paned 30 windows into sustainability 30, 188 Wolf, Stefan 179 women 26, 31, 39, 59, 72, 88, 90, 106, 107, 125–9, 139, 151, 158, 168, 185 empowerment of 26, 31, 88, 106 literacy 96 oppression of 151, 185 Women Empowerment through Local Livelihood (WELL) 88 World Café 192 worldview 10, 31, 149–50, 155, 159, 160, 164, 172, 178 Worldwide Opportunities on Organic Farms (WWOOF) 11, 83 yurt 39, 206, 207 ZEGG 23–4, 41, 49, 63, 115–6, 121–2, 132–3, 137–8, 150, 177 Zeher, Ozzie 63, 190 ZipCar 64, 70, 199

Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth by Michael Jacobs, Mariana Mazzucato

Alan Greenspan, balance sheet recession, banking crisis, basic income, Bear Stearns, Bernie Sanders, Bretton Woods, business climate, business cycle, carbon tax, Carmen Reinhart, central bank independence, circular economy, collaborative economy, complexity theory, conceptual framework, corporate governance, corporate social responsibility, creative destruction, credit crunch, Credit Default Swap, crony capitalism, David Ricardo: comparative advantage, decarbonisation, degrowth, deindustrialization, dematerialisation, Detroit bankruptcy, double entry bookkeeping, Elon Musk, endogenous growth, energy security, eurozone crisis, factory automation, facts on the ground, fiat currency, Financial Instability Hypothesis, financial intermediation, Ford Model T, forward guidance, full employment, G4S, general purpose technology, Gini coefficient, Growth in a Time of Debt, Hyman Minsky, income inequality, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), Internet of things, investor state dispute settlement, invisible hand, Isaac Newton, Joseph Schumpeter, Kenneth Rogoff, Kickstarter, knowledge economy, labour market flexibility, low interest rates, low skilled workers, Martin Wolf, mass incarceration, military-industrial complex, Modern Monetary Theory, Money creation, Mont Pelerin Society, neoliberal agenda, Network effects, new economy, non-tariff barriers, ocean acidification, paradox of thrift, Paul Samuelson, planned obsolescence, Post-Keynesian economics, price stability, private sector deleveraging, quantitative easing, QWERTY keyboard, railway mania, rent-seeking, road to serfdom, savings glut, Second Machine Age, secular stagnation, shareholder value, sharing economy, Silicon Valley, Solyndra, Steve Jobs, stock buybacks, systems thinking, the built environment, The Great Moderation, The Spirit Level, Thorstein Veblen, too big to fail, total factor productivity, Tragedy of the Commons, transaction costs, trickle-down economics, universal basic income, vertical integration, very high income

There are currently widely divergent opinions on the likely impact of information technologies on growth and employment. While the optimists claim that these technologies, guided by the market, will eventually bring growth,1 the naysayers counter with predictions of high unemployment and low growth.2 At the same time, a significant proportion of the environmental movement has been calling for zero growth, ‘de-growth’ or similar, essentially blaming technology for climate change and other environmental and social ills.3 In this chapter, I shall argue that what all of these divergent views on technology and growth share is the absence of a proper historical understanding of innovation: of its nature, of the interactions it generates in the economy and of the regularity in the technological upheavals from which innovation has sprung since the first Industrial Revolution.

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Over recent years, as the high volatility and uncertainty of resource prices have become the ‘new normal’, energy and materials conservation and raising the productivity of resource use have increasingly become strategic business goals.6 Yet such innovation is not taken into account in the usual analyses of growth. Instead, the environmental regulations that have prompted such innovations are often perceived as growth suppressors.7 Meanwhile, the calls for zero growth or de-growth coming from the environmental movement also stem from an incorrect assumption: that the only possible patterns of growth available are those of the resource-based forms of mass production which shaped most of the twentieth century. Both these opposing camps see a conflict between economic growth and environmental concerns.

The Divide: A Brief Guide to Global Inequality and Its Solutions by Jason Hickel

"World Economic Forum" Davos, Alan Greenspan, Andrei Shleifer, Asian financial crisis, Atahualpa, Bartolomé de las Casas, Bernie Sanders, Bob Geldof, Bretton Woods, British Empire, Cape to Cairo, capital controls, carbon credits, carbon footprint, carbon tax, clean water, collective bargaining, colonial rule, Cornelius Vanderbilt, David Attenborough, David Graeber, David Ricardo: comparative advantage, declining real wages, degrowth, dematerialisation, Doha Development Round, Elon Musk, European colonialism, falling living standards, financial deregulation, flying shuttle, Fractional reserve banking, Francisco Pizarro, full employment, Glass-Steagall Act, Global Witness, Hans Rosling, happiness index / gross national happiness, Howard Zinn, income inequality, Intergovernmental Panel on Climate Change (IPCC), investor state dispute settlement, James Watt: steam engine, laissez-faire capitalism, land reform, land value tax, liberal capitalism, Live Aid, Mahatma Gandhi, Money creation, Monroe Doctrine, Mont Pelerin Society, moral hazard, Naomi Klein, negative emissions, Nelson Mandela, offshore financial centre, oil shale / tar sands, out of africa, Phillips curve, planned obsolescence, plutocrats, purchasing power parity, race to the bottom, rent control, road to serfdom, Ronald Reagan, Scramble for Africa, shareholder value, sharing economy, Silicon Valley, Simon Kuznets, structural adjustment programs, TED Talk, The Chicago School, The Spirit Level, trade route, transatlantic slave trade, transfer pricing, trickle-down economics, Washington Consensus, WikiLeaks, women in the workforce, Works Progress Administration

Exactly what we’re doing with fossil fuels: raze more forests, build more meat farms, expand industrial agriculture, produce more cement and heap up more landfills with waste from the additional stuff we would produce and consume, all of which will pump deadly amounts of greenhouse gas into the air. We will do these things because our economic system demands endless exponential growth. Switching to clean energy will do nothing to slow this down. The Degrowth Imperative If we peel back the false promises of dematerialisation and carbon capture, it becomes clear that the problem is much deeper than most are willing to admit. Our present economic model of exponential GDP growth is no longer realistic, and we have to face up to this fact. This presents us with a very difficult conundrum when it comes to development and poverty reduction.

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The Alaska model is popular and effective, and scholars have pointed out that the same approach could be applied to other natural resources, such as forests and fisheries. It could even be applied to the air, with a carbon tax whose yields would be distributed as a basic income to all. Regenerating Hope Unfortunately, it is not likely that degrowth will happen as quickly as we need it to. Social change can be slow. The idea is gradually taking hold, but it could take a generation to move our collective consciousness on this issue, and we don’t have that kind of time. That said, we might have a way out. And it has to do with soil. Soil is the second biggest reservoir of carbon on the planet, next to the oceans.

The Ministry for the Future: A Novel by Kim Stanley Robinson

"World Economic Forum" Davos, agricultural Revolution, airport security, Anthropocene, availability heuristic, basic income, bitcoin, blockchain, Bretton Woods, cakes and ale, carbon tax, centre right, clean tech, clean water, cryptocurrency, dark matter, decarbonisation, degrowth, distributed ledger, drone strike, European colonialism, failed state, fiat currency, Food sovereignty, full employment, Gini coefficient, global village, green new deal, happiness index / gross national happiness, High speed trading, high-speed rail, income per capita, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invisible hand, Jevons paradox, Kim Stanley Robinson, land reform, liberation theology, liquidity trap, Mahbub ul Haq, megacity, megastructure, Modern Monetary Theory, mutually assured destruction, nuclear winter, ocean acidification, off grid, off-the-grid, offshore financial centre, place-making, plutocrats, Ponzi scheme, post-oil, precariat, price stability, public intellectual, quantitative easing, rewilding, RFID, Robert Solow, seigniorage, Shenzhen special economic zone , Silicon Valley, special economic zone, structural adjustment programs, synthetic biology, time value of money, Tragedy of the Commons, universal basic income, wage slave, Washington Consensus

It was a kind of existential assumption, as if civilization were a kind of cancer and them all therefore committed to growth as their particular deadly form of life. But this time, growth might be reconfiguring itself as the growth of some kind of safety. Call it involution, or sophistication; improvement; degrowth; growth of some kind of goodness. A sane response to danger— now understood as a very high-return investment strategy! Who knew? Really, no one knew. The remaining big petro-states each regarded the new situation uneasily, or even in a panic. Together they sat on fossil carbon reserves that at current market prices ranged into the hundreds of trillions.

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One scary thing, there has to still be money, or at least some exchange or allocation system that people trust, which means the already-existing central banks have to be part of it, which means the current nation-state system has to be part of it. Sorry but it’s true, and maybe obvious. Even if you are a degrowth devolutionist, an anarchist or a communist or a fan of world government, we only do the global in the current world order by way of the nation-state system. Or call it by way of the family of languages, if it makes you feel better. Hundreds of different languages have to be mutually comprehensible.

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Maybe all little towns had that kind of either-or going on, a nearly fifty-fifty split on everything; the mayor, the high school principal, the quarterback, the best gas station, best café, whatever. Always that either-or. So we would split up and go on. Become city folk. Well, it wouldn’t last forever. This was degrowth growth, as the facilitator pointed out. The facilitator was really good, I have to say. She encouraged us to tell our stories. She said in towns like ours it’s always the same. She had done this for a lot of them. It was her work. Like a hospice preacher, she said, looking troubled at that. Everybody cries.

Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist by Kate Raworth

"Friedman doctrine" OR "shareholder theory", 3D printing, Alan Greenspan, Alvin Toffler, Anthropocene, Asian financial crisis, bank run, basic income, battle of ideas, behavioural economics, benefit corporation, Berlin Wall, biodiversity loss, bitcoin, blockchain, Branko Milanovic, Bretton Woods, Buckminster Fuller, business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Cass Sunstein, choice architecture, circular economy, clean water, cognitive bias, collapse of Lehman Brothers, complexity theory, creative destruction, crowdsourcing, cryptocurrency, Daniel Kahneman / Amos Tversky, David Ricardo: comparative advantage, degrowth, dematerialisation, disruptive innovation, Douglas Engelbart, Douglas Engelbart, Easter island, en.wikipedia.org, energy transition, Erik Brynjolfsson, Ethereum, ethereum blockchain, Eugene Fama: efficient market hypothesis, experimental economics, Exxon Valdez, Fall of the Berlin Wall, financial deregulation, Financial Instability Hypothesis, full employment, Future Shock, Garrett Hardin, Glass-Steagall Act, global supply chain, global village, Henri Poincaré, hiring and firing, Howard Zinn, Hyman Minsky, income inequality, Intergovernmental Panel on Climate Change (IPCC), invention of writing, invisible hand, Isaac Newton, it is difficult to get a man to understand something, when his salary depends on his not understanding it, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kenneth Arrow, Kenneth Rogoff, Kickstarter, land reform, land value tax, Landlord’s Game, loss aversion, low interest rates, low skilled workers, M-Pesa, Mahatma Gandhi, market fundamentalism, Martin Wolf, means of production, megacity, Minsky moment, mobile money, Money creation, Mont Pelerin Society, Myron Scholes, neoliberal agenda, Network effects, Occupy movement, ocean acidification, off grid, offshore financial centre, oil shale / tar sands, out of africa, Paul Samuelson, peer-to-peer, planetary scale, price mechanism, quantitative easing, randomized controlled trial, retail therapy, Richard Thaler, Robert Solow, Ronald Reagan, Second Machine Age, secular stagnation, shareholder value, sharing economy, Silicon Valley, Simon Kuznets, smart cities, smart meter, Social Responsibility of Business Is to Increase Its Profits, South Sea Bubble, statistical model, Steve Ballmer, systems thinking, TED Talk, The Chicago School, The Great Moderation, the map is not the territory, the market place, The Spirit Level, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, too big to fail, Torches of Freedom, Tragedy of the Commons, trickle-down economics, ultimatum game, universal basic income, Upton Sinclair, Vilfredo Pareto, wikimedia commons

Perhaps I force them to confront it anyway as a cathartic way to revisit my own struggles with the future of economic growth. Back in 2011 I was tasked by Oxfam to write a policy paper to help the organisation decide whether, in high-income countries, it should promote the concept of ‘green growth’, or side with those advocating ‘degrowth’. I jumped at the chance because it took me back to the heart of macroeconomic thinking. But my excitement soon turned to paralysis as I dug into the debate and found that while both sides had some strong arguments, both too quickly dismissed the opposition’s case, and neither had a singularly compelling answer.

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Page numbers in italics denote illustrations A Aalborg, Denmark, 290 Abbott, Anthony ‘Tony’, 31 ABCD group, 148 Abramovitz, Moses, 262 absolute decoupling, 260–61 Acemoglu, Daron, 86 advertising, 58, 106–7, 112, 281 Agbodjinou, Sénamé, 231 agriculture, 5, 46, 72–3, 148, 155, 178, 181, 183 Alaska, 9 Alaska Permanent Fund, 194 Alperovitz, Gar, 177 alternative enterprise designs, 190–91 altruism, 100, 104 Amazon, 192, 196, 276 Amazon rainforest, 105–6, 253 American Economic Association, 3 American Enterprise Institute, 67 American Tobacco Corporation, 107 Andes, 54 animal spirits, 110 Anthropocene epoch, 48, 253 anthropocentrism, 115 Apertuso, 230 Apple, 85, 192 Archer Daniels Midland (ADM), 148 Arendt, Hannah, 115–16 Argentina, 55, 274 Aristotle, 32, 272 Arrow, Kenneth, 134 Articles of Association and Memoranda, 233 Arusha, Tanzania, 202 Asia Wage Floor Alliance, 177 Asian financial crisis (1997), 90 Asknature.org, 232 Athens, 57 austerity, 163 Australia, 31, 103, 177, 180, 211, 224–6, 255, 260 Austria, 263, 274 availability bias, 112 AXIOM, 230 Axtell, Robert, 150 Ayres, Robert, 263 B B Corp, 241 Babylon, 13 Baker, Josephine, 157 balancing feedback loops, 138–41, 155, 271 Ballmer, Steve, 231 Bangla Pesa, 185–6, 293 Bangladesh, 10, 226 Bank for International Settlements, 256 Bank of America, 149 Bank of England, 145, 147, 256 banking, see under finance Barnes, Peter, 201 Barroso, José Manuel, 41 Bartlett, Albert Allen ‘Al’, 247 basic income, 177, 194, 199–201 basic personal values, 107–9 Basle, Switzerland, 80 Bauwens, Michel, 197 Beckerman, Wilfred, 258 Beckham, David, 171 Beech-Nut Packing Company, 107 behavioural economics, 11, 111–14 behavioural psychology, 103, 128 Beinhocker, Eric, 158 Belgium, 236, 252 Bentham, Jeremy, 98 Benyus, Janine, 116, 218, 223–4, 227, 232, 237, 241 Berger, John, 12, 281 Berlin Wall, 141 Bermuda, 277 Bernanke, Ben, 146 Bernays, Edward, 107, 112, 281–3 Bhopal gas disaster (1984), 9 Bible, 19, 114, 151 Big Bang (1986), 87 billionaires, 171, 200, 289 biodiversity, 10, 46, 48–9, 52, 85, 115, 155, 208, 210, 242, 299 as common pool resource, 201 and land conversion, 49 and inequality, 172 and reforesting, 50 biomass, 73, 118, 210, 212, 221 biomimicry, 116, 218, 227, 229 bioplastic, 224, 293 Birmingham, West Midlands, 10 Black, Fischer, 100–101 Blair, Anthony ‘Tony’, 171 Blockchain, 187, 192 blood donation, 104, 118 Body Shop, The, 232–4 Bogotá, Colombia, 119 Bolivia, 54 Boston, Massachusetts, 3 Bowen, Alex, 261 Bowles, Sam, 104 Box, George, 22 Boyce, James, 209 Brasselberg, Jacob, 187 Brazil, 124, 226, 281, 290 bread riots, 89 Brisbane, Australia, 31 Brown, Gordon, 146 Brynjolfsson, Erik, 193, 194, 258 Buddhism, 54 buen vivir, 54 Bullitt Center, Seattle, 217 Bunge, 148 Burkina Faso, 89 Burmark, Lynell, 13 business, 36, 43, 68, 88–9 automation, 191–5, 237, 258, 278 boom and bust, 246 and circular economy, 212, 215–19, 220, 224, 227–30, 232–4, 292 and complementary currencies, 184–5, 292 and core economy, 80 and creative destruction, 142 and feedback loops, 148 and finance, 183, 184 and green growth, 261, 265, 269 and households, 63, 68 living metrics, 241 and market, 68, 88 micro-businesses, 9 and neoliberalism, 67, 87 ownership, 190–91 and political funding, 91–2, 171–2 and taxation, 23, 276–7 workers’ rights, 88, 91, 269 butterfly economy, 220–42 C C–ROADS (Climate Rapid Overview and Decision Support), 153 C40 network, 280 calculating man, 98 California, United States, 213, 224, 293 Cambodia, 254 Cameron, David, 41 Canada, 196, 255, 260, 281, 282 cancer, 124, 159, 196 Capital Institute, 236 carbon emissions, 49–50, 59, 75 and decoupling, 260, 266 and forests, 50, 52 and inequality, 58 reduction of, 184, 201, 213, 216–18, 223–7, 239–41, 260, 266 stock–flow dynamics, 152–4 taxation, 201, 213 Cargill, 148 Carney, Mark, 256 Caterpillar, 228 Catholic Church, 15, 19 Cato Institute, 67 Celts, 54 central banks, 6, 87, 145, 146, 147, 183, 184, 256 Chang, Ha-Joon, 82, 86, 90 Chaplin, Charlie, 157 Chiapas, Mexico, 121–2 Chicago Board Options Exchange (CBOE), 100–101 Chicago School, 34, 99 Chile, 7, 42 China, 1, 7, 48, 154, 289–90 automation, 193 billionaires, 200, 289 greenhouse gas emissions, 153 inequality, 164 Lake Erhai doughnut analysis, 56 open-source design, 196 poverty reduction, 151, 198 renewable energy, 239 tiered pricing, 213 Chinese Development Bank, 239 chrematistics, 32, 273 Christianity, 15, 19, 114, 151 cigarettes, 107, 124 circular economy, 220–42, 257 Circular Flow diagram, 19–20, 28, 62–7, 64, 70, 78, 87, 91, 92, 93, 262 Citigroup, 149 Citizen Reaction Study, 102 civil rights movement, 77 Cleveland, Ohio, 190 climate change, 1, 3, 5, 29, 41, 45–53, 63, 74, 75–6, 91, 141, 144, 201 circular economy, 239, 241–2 dynamics of, 152–5 and G20, 31 and GDP growth, 255, 256, 260, 280 and heuristics, 114 and human rights, 10 and values, 126 climate positive cities, 239 closed systems, 74 coffee, 221 cognitive bias, 112–14 Colander, David, 137 Colombia, 119 common-pool resources, 82–3, 181, 201–2 commons, 69, 82–4, 287 collaborative, 78, 83, 191, 195, 196, 264, 292 cultural, 83 digital, 82, 83, 192, 197, 281 and distribution, 164, 180, 181–2, 205, 267 Embedded Economy, 71, 73, 77–8, 82–4, 85, 92 knowledge, 197, 201–2, 204, 229, 231, 292 commons and money creation, see complementary currencies natural, 82, 83, 180, 181–2, 201, 265 and regeneration, 229, 242, 267, 292 and state, 85, 93, 197, 237 and systems, 160 tragedy of, 28, 62, 69, 82, 181 triumph of, 83 and values, 106, 108 Commons Trusts, 201 complementary currencies, 158, 182–8, 236, 292 complex systems, 28, 129–62 complexity science, 136–7 Consumer Reaction Study, 102 consumerism, 58, 102, 121, 280–84 cooking, 45, 80, 186 Coote, Anna, 278 Copenhagen, Denmark, 124 Copernicus, Nicolaus, 14–15 copyright, 195, 197, 204 core economy, 79–80 Corporate To Do List, 215–19 Costa Rica, 172 Council of Economic Advisers, US, 6, 37 Cox, Jo, 117 cradle to cradle, 224 creative destruction, 142 Cree, 282 Crompton, Tom, 125–6 cross-border flows, 89–90 crowdsourcing, 204 cuckoos, 32, 35, 36, 38, 40, 54, 60, 159, 244, 256, 271 currencies, 182–8, 236, 274, 292 D da Vinci, Leonardo, 13, 94–5 Dallas, Texas, 120 Daly, Herman, 74, 143, 271 Danish Nudging Network, 124 Darwin, Charles, 14 Debreu, Gerard, 134 debt, 37, 146–7, 172–3, 182–5, 247, 255, 269 decoupling, 193, 210, 258–62, 273 defeat device software, 216 deforestation, 49–50, 74, 208, 210 degenerative linear economy, 211–19, 222–3, 237 degrowth, 244 DeMartino, George, 161 democracy, 77, 171–2, 258 demurrage, 274 Denmark, 180, 275, 290 deregulation, 82, 87, 269 derivatives, 100–101, 149 Devas, Charles Stanton, 97 Dey, Suchitra, 178 Diamond, Jared, 154 diarrhoea, 5 differential calculus, 131, 132 digital revolution, 191–2, 264 diversify–select–amplify, 158 double spiral, 54 Doughnut model, 10–11, 11, 23–5, 44, 51 and aspiration, 58–9, 280–84 big picture, 28, 42, 61–93 distribution, 29, 52, 57, 58, 76, 93, 158, 163–205 ecological ceiling, 10, 11, 44, 45, 46, 49, 51, 218, 254, 295, 298 goal, 25–8, 31–60 and governance, 57, 59 growth agnosticism, 29–30, 243–85 human nature, 28–9, 94–128 and population, 57–8 regeneration, 29, 158, 206–42 social foundation, 10, 11, 44, 45, 49, 51, 58, 77, 174, 200, 254, 295–6 systems, 28, 129–62 and technology, 57, 59 Douglas, Margaret, 78–9 Dreyfus, Louis, 148 ‘Dumb and Dumber in Macroeconomics’ (Solow), 135 Durban, South Africa, 214 E Earning by Learning, 120 Earth-system science, 44–53, 115, 216, 288, 298 Easter Island, 154 Easterlin, Richard, 265–6 eBay, 105, 192 eco-literacy, 115 ecological ceiling, 10, 11, 44, 45, 46, 49, 51, 218, 254, 295, 298 Ecological Performance Standards, 241 Econ 101 course, 8, 77 Economics (Lewis), 114 Economics (Samuelson), 19–20, 63–7, 70, 74, 78, 86, 91, 92, 93, 262 Economy for the Common Good, 241 ecosystem services, 7, 116, 269 Ecuador, 54 education, 9, 43, 45, 50–52, 85, 169–70, 176, 200, 249, 279 economic, 8, 11, 18, 22, 24, 36, 287–93 environmental, 115, 239–40 girls’, 57, 124, 178, 198 online, 83, 197, 264, 290 pricing, 118–19 efficient market hypothesis, 28, 62, 68, 87 Egypt, 48, 89 Eisenstein, Charles, 116 electricity, 9, 45, 236, 240 and Bangla Pesa, 186 cars, 231 Ethereum, 187–8 and MONIAC, 75, 262 pricing, 118, 213 see also renewable energy Elizabeth II, Queen of the United Kingdom, 145 Ellen MacArthur Foundation, 220 Embedded Economy, 71–93, 263 business, 88–9 commons, 82–4 Earth, 72–6 economy, 77–8 finance, 86–8 household, 78–81 market, 81–2 power, 91–92 society, 76–7 state, 84–6 trade, 89–90 employment, 36, 37, 51, 142, 176 automation, 191–5, 237, 258, 278 labour ownership, 188–91 workers’ rights, 88, 90, 269 Empty World, 74 Engels, Friedrich, 88 environment and circular economy, 220–42, 257 conservation, 121–2 and degenerative linear economy, 211–19, 222–3 degradation, 5, 9, 10, 29, 44–53, 74, 154, 172, 196, 206–42 education on, 115, 239–40 externalities, 152 fair share, 216–17 and finance, 234–7 generosity, 218–19, 223–7 green growth, 41, 210, 243–85 nudging, 123–5 taxation and quotas, 213–14, 215 zero impact, 217–18, 238, 241 Environmental Dashboard, 240–41 environmental economics, 7, 11, 114–16 Environmental Kuznets Curve, 207–11, 241 environmental space, 54 Epstein, Joshua, 150 equilibrium theory, 134–62 Ethereum, 187–8 ethics, 160–62 Ethiopia, 9, 226, 254 Etsy, 105 Euclid, 13, 15 European Central Bank, 145, 275 European Commission, 41 European Union (EU), 92, 153, 210, 222, 255, 258 Evergreen Cooperatives, 190 Evergreen Direct Investing (EDI), 273 exogenous shocks, 141 exponential growth, 39, 246–85 externalities, 143, 152, 213 Exxon Valdez oil spill (1989), 9 F Facebook, 192 fair share, 216–17 Fama, Eugene, 68, 87 fascism, 234, 277 Federal Reserve, US, 87, 145, 146, 271, 282 feedback loops, 138–41, 143, 148, 155, 250, 271 feminist economics, 11, 78–81, 160 Ferguson, Thomas, 91–2 finance animal spirits, 110 bank runs, 139 Black–Scholes model, 100–101 boom and bust, 28–9, 110, 144–7 and Circular Flow, 63–4, 87 and complex systems, 134, 138, 139, 140, 141, 145–7 cross-border flows, 89 deregulation, 87 derivatives, 100–101, 149 and distribution, 169, 170, 173, 182–4, 198–9, 201 and efficient market hypothesis, 63, 68 and Embedded Economy, 71, 86–8 and financial-instability hypothesis, 87, 146 and GDP growth, 38 and media, 7–8 mobile banking, 199–200 and money creation, 87, 182–5 and regeneration, 227, 229, 234–7 in service to life, 159, 234–7 stakeholder finance, 190 and sustainability, 216, 235–6, 239 financial crisis (2008), 1–4, 5, 40, 63, 86, 141, 144, 278, 290 and efficient market hypothesis, 87 and equilibrium theory, 134, 145 and financial-instability hypothesis, 87 and inequality, 90, 170, 172, 175 and money creation, 182 and worker’s rights, 278 financial flows, 89 Financial Times, 183, 266, 289 financial-instability hypothesis, 87, 146 First Green Bank, 236 First World War (1914–18), 166, 170 Fisher, Irving, 183 fluid values, 102, 106–9 food, 3, 43, 45, 50, 54, 58, 59, 89, 198 food banks, 165 food price crisis (2007–8), 89, 90, 180 Ford, 277–8 foreign direct investment, 89 forest conservation, 121–2 fossil fuels, 59, 73, 75, 92, 212, 260, 263 Foundations of Economic Analysis (Samuelson), 17–18 Foxconn, 193 framing, 22–3 France, 43, 165, 196, 238, 254, 256, 281, 290 Frank, Robert, 100 free market, 33, 37, 67, 68, 70, 81–2, 86, 90 free open-source hardware (FOSH), 196–7 free open-source software (FOSS), 196 free trade, 70, 90 Freeman, Ralph, 18–19 freshwater cycle, 48–9 Freud, Sigmund, 107, 281 Friedman, Benjamin, 258 Friedman, Milton, 34, 62, 66–9, 84–5, 88, 99, 183, 232 Friends of the Earth, 54 Full World, 75 Fuller, Buckminster, 4 Fullerton, John, 234–6, 273 G G20, 31, 56, 276, 279–80 G77, 55 Gal, Orit, 141 Gandhi, Mohandas, 42, 293 Gangnam Style, 145 Gardens of Democracy, The (Liu & Hanauer), 158 gender equality, 45, 51–2, 57, 78–9, 85, 88, 118–19, 124, 171, 198 generosity, 218–19, 223–9 geometry, 13, 15 George, Henry, 149, 179 Georgescu-Roegen, Nicholas, 252 geothermal energy, 221 Gerhardt, Sue, 283 Germany, 2, 41, 100, 118, 165, 189, 211, 213, 254, 256, 260, 274 Gessel, Silvio, 274 Ghent, Belgium, 236 Gift Relationship, The (Titmuss), 118–19 Gigerenzer, Gerd, 112–14 Gintis, Herb, 104 GiveDirectly, 200 Glass–Steagall Act (1933), 87 Glennon, Roger, 214 Global Alliance for Tax Justice, 277 global material footprints, 210–11 Global Village Construction Set, 196 globalisation, 89 Goerner, Sally, 175–6 Goffmann, Erving, 22 Going for Growth, 255 golden rule, 91 Goldman Sachs, 149, 170 Gómez-Baggethun, Erik, 122 Goodall, Chris, 211 Goodwin, Neva, 79 Goody, Jade, 124 Google, 192 Gore, Albert ‘Al’, 172 Gorgons, 244, 256, 257, 266 graffiti, 15, 25, 287 Great Acceleration, 46, 253–4 Great Depression (1929–39), 37, 70, 170, 173, 183, 275, 277, 278 Great Moderation, 146 Greece, Ancient, 4, 13, 32, 48, 54, 56–7, 160, 244 green growth, 41, 210, 243–85 Greenham, Tony, 185 greenhouse gas emissions, 31, 46, 50, 75–6, 141, 152–4 and decoupling, 260, 266 and Environmental Kuznets Curve, 208, 210 and forests, 50, 52 and G20, 31 and inequality, 58 reduction of, 184, 201–2, 213, 216–18, 223–7, 239–41, 256, 259–60, 266, 298 stock–flow dynamics, 152–4 and taxation, 201, 213 Greenland, 141, 154 Greenpeace, 9 Greenspan, Alan, 87 Greenwich, London, 290 Grenoble, France, 281 Griffiths, Brian, 170 gross domestic product (GDP), 25, 31–2, 35–43, 57, 60, 84, 164 as cuckoo, 32, 35, 36, 38, 40, 54, 60, 159, 244, 256, 271 and Environmental Kuznets Curve, 207–11 and exponential growth, 39, 53, 246–85 and growth agnosticism, 29–30, 240, 243–85 and inequality, 173 and Kuznets Curve, 167, 173, 188–9 gross national product (GNP), 36–40 Gross World Product, 248 Grossman, Gene, 207–8, 210 ‘grow now, clean up later’, 207 Guatemala, 196 H Haifa, Israel, 120 Haldane, Andrew, 146 Han Dynasty, 154 Hanauer, Nick, 158 Hansen, Pelle, 124 Happy Planet Index, 280 Hardin, Garrett, 69, 83, 181 Harvard University, 2, 271, 290 von Hayek, Friedrich, 7–8, 62, 66, 67, 143, 156, 158 healthcare, 43, 50, 57, 85, 123, 125, 170, 176, 200, 269, 279 Heilbroner, Robert, 53 Henry VIII, King of England and Ireland, 180 Hepburn, Cameron, 261 Herbert Simon, 111 heuristics, 113–14, 118, 123 high-income countries growth, 30, 244–5, 254–72, 282 inequality, 165, 168, 169, 171 labour, 177, 188–9, 278 overseas development assistance (ODA), 198–9 resource intensive lifestyles, 46, 210–11 trade, 90 Hippocrates, 160 History of Economic Analysis (Schumpeter), 21 HIV/AIDS, 123 Holocene epoch, 46–8, 75, 115, 253 Homo economicus, 94–103, 109, 127–8 Homo sapiens, 38, 104, 130 Hong Kong, 180 household, 78 housing, 45, 59, 176, 182–3, 269 Howe, Geoffrey, 67 Hudson, Michael, 183 Human Development Index, 9, 279 human nature, 28 human rights, 10, 25, 45, 49, 50, 95, 214, 233 humanistic economics, 42 hydropower, 118, 260, 263 I Illinois, United States, 179–80 Imago Mundi, 13 immigration, 82, 199, 236, 266 In Defense of Economic Growth (Beckerman), 258 Inclusive Wealth Index, 280 income, 51, 79–80, 82, 88, 176–8, 188–91, 194, 199–201 India, 2, 9, 10, 42, 124, 164, 178, 196, 206–7, 242, 290 Indonesia, 90, 105–6, 164, 168, 200 Indus Valley civilisation, 48 inequality, 1, 5, 25, 41, 63, 81, 88, 91, 148–52, 209 and consumerism, 111 and democracy, 171 and digital revolution, 191–5 and distribution, 163–205 and environmental degradation, 172 and GDP growth, 173 and greenhouse gas emissions, 58 and intellectual property, 195–8 and Kuznets Curve, 29, 166–70, 173–4 and labour ownership, 188–91 and land ownership, 178–82 and money creation, 182–8 and social welfare, 171 Success to the Successful, 148, 149, 151, 166 inflation, 36, 248, 256, 275 insect pollination services, 7 Institute of Economic Affairs, 67 institutional economics, 11 intellectual property rights, 195–8, 204 interest, 36, 177, 182, 184, 275–6 Intergovernmental Panel on Climate Change, 25 International Monetary Fund (IMF), 170, 172, 173, 183, 255, 258, 271 Internet, 83–4, 89, 105, 192, 202, 264 Ireland, 277 Iroquois Onondaga Nation, 116 Israel, 100, 103, 120 Italy, 165, 196, 254 J Jackson, Tim, 58 Jakubowski, Marcin, 196 Jalisco, Mexico, 217 Japan, 168, 180, 211, 222, 254, 256, 263, 275 Jevons, William Stanley, 16, 97–8, 131, 132, 137, 142 John Lewis Partnership, 190 Johnson, Lyndon Baines, 37 Johnson, Mark, 38 Johnson, Todd, 191 JPMorgan Chase, 149, 234 K Kahneman, Daniel, 111 Kamkwamba, William, 202, 204 Kasser, Tim, 125–6 Keen, Steve, 146, 147 Kelly, Marjorie, 190–91, 233 Kennedy, John Fitzgerald, 37, 250 Kennedy, Paul, 279 Kenya, 118, 123, 180, 185–6, 199–200, 226, 292 Keynes, John Maynard, 7–8, 22, 66, 69, 134, 184, 251, 277–8, 284, 288 Kick It Over movement, 3, 289 Kingston, London, 290 Knight, Frank, 66, 99 knowledge commons, 202–4, 229, 292 Kokstad, South Africa, 56 Kondratieff waves, 246 Korzybski, Alfred, 22 Krueger, Alan, 207–8, 210 Kuhn, Thomas, 22 Kumhof, Michael, 172 Kuwait, 255 Kuznets, Simon, 29, 36, 39–40, 166–70, 173, 174, 175, 204, 207 KwaZulu Natal, South Africa, 56 L labour ownership, 188–91 Lake Erhai, Yunnan, 56 Lakoff, George, 23, 38, 276 Lamelara, Indonesia, 105–6 land conversion, 49, 52, 299 land ownership, 178–82 land-value tax, 73, 149, 180 Landesa, 178 Landlord’s Game, The, 149 law of demand, 16 laws of motion, 13, 16–17, 34, 129, 131 Lehman Brothers, 141 Leopold, Aldo, 115 Lesotho, 118, 199 leverage points, 159 Lewis, Fay, 178 Lewis, Justin, 102 Lewis, William Arthur, 114, 167 Lietaer, Bernard, 175, 236 Limits to Growth, 40, 154, 258 Linux, 231 Liu, Eric, 158 living metrics, 240–42 living purpose, 233–4 Lomé, Togo, 231 London School of Economics (LSE), 2, 34, 65, 290 London Underground, 12 loss aversion, 112 low-income countries, 90, 164–5, 168, 173, 180, 199, 201, 209, 226, 254, 259 Lucas, Robert, 171 Lula da Silva, Luiz Inácio, 124 Luxembourg, 277 Lyle, John Tillman, 214 Lyons, Oren, 116 M M–PESA, 199–200 MacDonald, Tim, 273 Machiguenga, 105–6 MacKenzie, Donald, 101 macroeconomics, 36, 62–6, 76, 80, 134–5, 145, 147, 150, 244, 280 Magie, Elizabeth, 149, 153 Malala effect, 124 malaria, 5 Malawi, 118, 202, 204 Malaysia, 168 Mali, Taylor, 243 Malthus, Thomas, 252 Mamsera Rural Cooperative, 190 Manhattan, New York, 9, 41 Mani, Muthukumara, 206 Manitoba, 282 Mankiw, Gregory, 2, 34 Mannheim, Karl, 22 Maoris, 54 market, 81–2 and business, 88 circular flow, 64 and commons, 83, 93, 181, 200–201 efficiency of, 28, 62, 68, 87, 148, 181 and equilibrium theory, 131–5, 137, 143–7, 155, 156 free market, 33, 37, 67–70, 90, 208 and households, 63, 69, 78, 79 and maxi-max rule, 161 and pricing, 117–23, 131, 160 and rational economic man, 96, 100–101, 103, 104 and reciprocity, 105, 106 reflexivity of, 144–7 and society, 69–70 and state, 84–6, 200, 281 Marshall, Alfred, 17, 98, 133, 165, 253, 282 Marx, Karl, 88, 142, 165, 272 Massachusetts Institute of Technology (MIT), 17–20, 152–5 massive open online courses (MOOCs), 290 Matthew Effect, 151 Max-Neef, Manfred, 42 maxi-max rule, 161 maximum wage, 177 Maya civilisation, 48, 154 Mazzucato, Mariana, 85, 195, 238 McAfee, Andrew, 194, 258 McDonough, William, 217 Meadows, Donella, 40, 141, 159, 271, 292 Medusa, 244, 257, 266 Merkel, Angela, 41 Messerli, Elspeth, 187 Metaphors We Live By (Lakoff & Johnson), 38 Mexico, 121–2, 217 Michaels, Flora S., 6 micro-businesses, 9, 173, 178 microeconomics, 132–4 microgrids, 187–8 Micronesia, 153 Microsoft, 231 middle class, 6, 46, 58 middle-income countries, 90, 164, 168, 173, 180, 226, 254 migration, 82, 89–90, 166, 195, 199, 236, 266, 286 Milanovic, Branko, 171 Mill, John Stuart, 33–4, 73, 97, 250, 251, 283, 284, 288 Millo, Yuval, 101 minimum wage, 82, 88, 176 Minsky, Hyman, 87, 146 Mises, Ludwig von, 66 mission zero, 217 mobile banking, 199–200 mobile phones, 222 Model T revolution, 277–8 Moldova, 199 Mombasa, Kenya, 185–6 Mona Lisa (da Vinci), 94 money creation, 87, 164, 177, 182–8, 205 MONIAC (Monetary National Income Analogue Computer), 64–5, 75, 142, 262 Monoculture (Michaels), 6 Monopoly, 149 Mont Pelerin Society, 67, 93 Moral Consequences of Economic Growth, The (Friedman), 258 moral vacancy, 41 Morgan, Mary, 99 Morogoro, Tanzania, 121 Moyo, Dambisa, 258 Muirhead, Sam, 230, 231 MultiCapital Scorecard, 241 Murphy, David, 264 Murphy, Richard, 185 musical tastes, 110 Myriad Genetics, 196 N national basic income, 177 Native Americans, 115, 116, 282 natural capital, 7, 116, 269 Natural Economic Order, The (Gessel), 274 Nedbank, 216 negative externalities, 213 negative interest rates, 275–6 neoclassical economics, 134, 135 neoliberalism, 7, 62–3, 67–70, 81, 83, 84, 88, 93, 143, 170, 176 Nepal, 181, 199 Nestlé, 217 Netherlands, 211, 235, 224, 226, 238, 277 networks, 110–11, 117, 118, 123, 124–6, 174–6 neuroscience, 12–13 New Deal, 37 New Economics Foundation, 278, 283 New Year’s Day, 124 New York, United States, 9, 41, 55 Newlight Technologies, 224, 226, 293 Newton, Isaac, 13, 15–17, 32–3, 95, 97, 129, 131, 135–7, 142, 145, 162 Nicaragua, 196 Nigeria, 164 nitrogen, 49, 52, 212–13, 216, 218, 221, 226, 298 ‘no pain, no gain’, 163, 167, 173, 204, 209 Nobel Prize, 6–7, 43, 83, 101, 167 Norway, 281 nudging, 112, 113, 114, 123–6 O Obama, Barack, 41, 92 Oberlin, Ohio, 239, 240–41 Occupy movement, 40, 91 ocean acidification, 45, 46, 52, 155, 242, 298 Ohio, United States, 190, 239 Okun, Arthur, 37 onwards and upwards, 53 Open Building Institute, 196 Open Source Circular Economy (OSCE), 229–32 open systems, 74 open-source design, 158, 196–8, 265 open-source licensing, 204 Organisation for Economic Co-operation and Development (OECD), 38, 210, 255–6, 258 Origin of Species, The (Darwin), 14 Ormerod, Paul, 110, 111 Orr, David, 239 Ostrom, Elinor, 83, 84, 158, 160, 181–2 Ostry, Jonathan, 173 OSVehicle, 231 overseas development assistance (ODA), 198–200 ownership of wealth, 177–82 Oxfam, 9, 44 Oxford University, 1, 36 ozone layer, 9, 50, 115 P Pachamama, 54, 55 Pakistan, 124 Pareto, Vilfredo, 165–6, 175 Paris, France, 290 Park 20|20, Netherlands, 224, 226 Parker Brothers, 149 Patagonia, 56 patents, 195–6, 197, 204 patient capital, 235 Paypal, 192 Pearce, Joshua, 197, 203–4 peer-to-peer networks, 187, 192, 198, 203, 292 People’s QE, 184–5 Perseus, 244 Persia, 13 Peru, 2, 105–6 Phillips, Adam, 283 Phillips, William ‘Bill’, 64–6, 75, 142, 262 phosphorus, 49, 52, 212–13, 218, 298 Physiocrats, 73 Pickett, Kate, 171 pictures, 12–25 Piketty, Thomas, 169 Playfair, William, 16 Poincaré, Henri, 109, 127–8 Polanyi, Karl, 82, 272 political economy, 33–4, 42 political funding, 91–2, 171–2 political voice, 43, 45, 51–2, 77, 117 pollution, 29, 45, 52, 85, 143, 155, 206–17, 226, 238, 242, 254, 298 population, 5, 46, 57, 155, 199, 250, 252, 254 Portugal, 211 post-growth society, 250 poverty, 5, 9, 37, 41, 50, 88, 118, 148, 151 emotional, 283 and inequality, 164–5, 168–9, 178 and overseas development assistance (ODA), 198–200 and taxation, 277 power, 91–92 pre-analytic vision, 21–2 prescription medicines, 123 price-takers, 132 prices, 81, 118–23, 131, 160 Principles of Economics (Mankiw), 34 Principles of Economics (Marshall), 17, 98 Principles of Political Economy (Mill), 288 ProComposto, 226 Propaganda (Bernays), 107 public relations, 107, 281 public spending v. investment, 276 public–private patents, 195 Putnam, Robert, 76–7 Q quantitative easing (QE), 184–5 Quebec, 281 Quesnay, François, 16, 73 R Rabot, Ghent, 236 Rancière, Romain, 172 rating and review systems, 105 rational economic man, 94–103, 109, 111, 112, 126, 282 Reagan, Ronald, 67 reciprocity, 103–6, 117, 118, 123 reflexivity of markets, 144 reinforcing feedback loops, 138–41, 148, 250, 271 relative decoupling, 259 renewable energy biomass energy, 118, 221 and circular economy, 221, 224, 226, 235, 238–9, 274 and commons, 83, 85, 185, 187–8, 192, 203, 264 geothermal energy, 221 and green growth, 257, 260, 263, 264, 267 hydropower, 118, 260, 263 pricing, 118 solar energy, see solar energy wave energy, 221 wind energy, 75, 118, 196, 202–3, 221, 233, 239, 260, 263 rentier sector, 180, 183, 184 reregulation, 82, 87, 269 resource flows, 175 resource-intensive lifestyles, 46 Rethinking Economics, 289 Reynebeau, Guy, 237 Ricardo, David, 67, 68, 73, 89, 250 Richardson, Katherine, 53 Rifkin, Jeremy, 83, 264–5 Rise and Fall of the Great Powers, The (Kennedy), 279 risk, 112, 113–14 Robbins, Lionel, 34 Robinson, James, 86 Robinson, Joan, 142 robots, 191–5, 237, 258, 278 Rockefeller Foundation, 135 Rockford, Illinois, 179–80 Rockström, Johan, 48, 55 Roddick, Anita, 232–4 Rogoff, Kenneth, 271, 280 Roman Catholic Church, 15, 19 Rombo, Tanzania, 190 Rome, Ancient, 13, 48, 154 Romney, Mitt, 92 Roosevelt, Franklin Delano, 37 rooted membership, 190 Rostow, Walt, 248–50, 254, 257, 267–70, 284 Ruddick, Will, 185 rule of thumb, 113–14 Ruskin, John, 42, 223 Russia, 200 rust belt, 90, 239 S S curve, 251–6 Sainsbury’s, 56 Samuelson, Paul, 17–21, 24–5, 38, 62–7, 70, 74, 84, 91, 92, 93, 262, 290–91 Sandel, Michael, 41, 120–21 Sanergy, 226 sanitation, 5, 51, 59 Santa Fe, California, 213 Santinagar, West Bengal, 178 São Paolo, Brazil, 281 Sarkozy, Nicolas, 43 Saumweder, Philipp, 226 Scharmer, Otto, 115 Scholes, Myron, 100–101 Schumacher, Ernst Friedrich, 42, 142 Schumpeter, Joseph, 21 Schwartz, Shalom, 107–9 Schwarzenegger, Arnold, 163, 167, 204 ‘Science and Complexity’ (Weaver), 136 Scotland, 57 Seaman, David, 187 Seattle, Washington, 217 second machine age, 258 Second World War (1939–45), 18, 37, 70, 170 secular stagnation, 256 self-interest, 28, 68, 96–7, 99–100, 102–3 Selfish Society, The (Gerhardt), 283 Sen, Amartya, 43 Shakespeare, William, 61–3, 67, 93 shale gas, 264, 269 Shang Dynasty, 48 shareholders, 82, 88, 189, 191, 227, 234, 273, 292 sharing economy, 264 Sheraton Hotel, Boston, 3 Siegen, Germany, 290 Silicon Valley, 231 Simon, Julian, 70 Sinclair, Upton, 255 Sismondi, Jean, 42 slavery, 33, 77, 161 Slovenia, 177 Small Is Beautiful (Schumacher), 42 smart phones, 85 Smith, Adam, 33, 57, 67, 68, 73, 78–9, 81, 96–7, 103–4, 128, 133, 160, 181, 250 social capital, 76–7, 122, 125, 172 social contract, 120, 125 social foundation, 10, 11, 44, 45, 49, 51, 58, 77, 174, 200, 254, 295–6 social media, 83, 281 Social Progress Index, 280 social pyramid, 166 society, 76–7 solar energy, 59, 75, 111, 118, 187–8, 190 circular economy, 221, 222, 223, 224, 226–7, 239 commons, 203 zero-energy buildings, 217 zero-marginal-cost revolution, 84 Solow, Robert, 135, 150, 262–3 Soros, George, 144 South Africa, 56, 177, 214, 216 South Korea, 90, 168 South Sea Bubble (1720), 145 Soviet Union (1922–91), 37, 67, 161, 279 Spain, 211, 238, 256 Spirit Level, The (Wilkinson & Pickett), 171 Sraffa, Piero, 148 St Gallen, Switzerland, 186 Stages of Economic Growth, The (Rostow), 248–50, 254 stakeholder finance, 190 Standish, Russell, 147 state, 28, 33, 69–70, 78, 82, 160, 176, 180, 182–4, 188 and commons, 85, 93, 197, 237 and market, 84–6, 200, 281 partner state, 197, 237–9 and robots, 195 stationary state, 250 Steffen, Will, 46, 48 Sterman, John, 66, 143, 152–4 Steuart, James, 33 Stiglitz, Joseph, 43, 111, 196 stocks and flows, 138–41, 143, 144, 152 sub-prime mortgages, 141 Success to the Successful, 148, 149, 151, 166 Sugarscape, 150–51 Summers, Larry, 256 Sumner, Andy, 165 Sundrop Farms, 224–6 Sunstein, Cass, 112 supply and demand, 28, 132–6, 143, 253 supply chains, 10 Sweden, 6, 255, 275, 281 swishing, 264 Switzerland, 42, 66, 80, 131, 186–7, 275 T Tableau économique (Quesnay), 16 tabula rasa, 20, 25, 63, 291 takarangi, 54 Tanzania, 121, 190, 202 tar sands, 264, 269 taxation, 78, 111, 165, 170, 176, 177, 237–8, 276–9 annual wealth tax, 200 environment, 213–14, 215 global carbon tax, 201 global financial transactions tax, 201, 235 land-value tax, 73, 149, 180 non-renewable resources, 193, 237–8, 278–9 People’s QE, 185 tax relief v. tax justice, 23, 276–7 TED (Technology, Entertainment, Design), 202, 258 Tempest, The (Shakespeare), 61, 63, 93 Texas, United States, 120 Thailand, 90, 200 Thaler, Richard, 112 Thatcher, Margaret, 67, 69, 76 Theory of Moral Sentiments (Smith), 96 Thompson, Edward Palmer, 180 3D printing, 83–4, 192, 198, 231, 264 thriving-in-balance, 54–7, 62 tiered pricing, 213–14 Tigray, Ethiopia, 226 time banking, 186 Titmuss, Richard, 118–19 Toffler, Alvin, 12, 80 Togo, 231, 292 Torekes, 236–7 Torras, Mariano, 209 Torvalds, Linus, 231 trade, 62, 68–9, 70, 89–90 trade unions, 82, 176, 189 trademarks, 195, 204 Transatlantic Trade and Investment Partnership (TTIP), 92 transport, 59 trickle-down economics, 111, 170 Triodos, 235 Turkey, 200 Tversky, Amos, 111 Twain, Mark, 178–9 U Uganda, 118, 125 Ulanowicz, Robert, 175 Ultimatum Game, 105, 117 unemployment, 36, 37, 276, 277–9 United Kingdom Big Bang (1986), 87 blood donation, 118 carbon dioxide emissions, 260 free trade, 90 global material footprints, 211 money creation, 182 MONIAC (Monetary National Income Analogue Computer), 64–5, 75, 142, 262 New Economics Foundation, 278, 283 poverty, 165, 166 prescription medicines, 123 wages, 188 United Nations, 55, 198, 204, 255, 258, 279 G77 bloc, 55 Human Development Index, 9, 279 Sustainable Development Goals, 24, 45 United States American Economic Association meeting (2015), 3 blood donation, 118 carbon dioxide emissions, 260 Congress, 36 Council of Economic Advisers, 6, 37 Earning by Learning, 120 Econ 101 course, 8, 77 Exxon Valdez oil spill (1989), 9 Federal Reserve, 87, 145, 146, 271, 282 free trade, 90 Glass–Steagall Act (1933), 87 greenhouse gas emissions, 153 global material footprint, 211 gross national product (GNP), 36–40 inequality, 170, 171 land-value tax, 73, 149, 180 political funding, 91–2, 171 poverty, 165, 166 productivity and employment, 193 rust belt, 90, 239 Transatlantic Trade and Investment Partnership (TTIP), 92 wages, 188 universal basic income, 200 University of Berkeley, 116 University of Denver, 160 urbanisation, 58–9 utility, 35, 98, 133 V values, 6, 23, 34, 35, 42, 117, 118, 121, 123–6 altruism, 100, 104 anthropocentric, 115 extrinsic, 115 fluid, 28, 102, 106–9 and networks, 110–11, 117, 118, 123, 124–6 and nudging, 112, 113, 114, 123–6 and pricing, 81, 120–23 Veblen, Thorstein, 82, 109, 111, 142 Venice, 195 verbal framing, 23 Verhulst, Pierre, 252 Victor, Peter, 270 Viner, Jacob, 34 virtuous cycles, 138, 148 visual framing, 23 Vitruvian Man, 13–14 Volkswagen, 215–16 W Wacharia, John, 186 Wall Street, 149, 234, 273 Wallich, Henry, 282 Walras, Léon, 131, 132, 133–4, 137 Ward, Barbara, 53 Warr, Benjamin, 263 water, 5, 9, 45, 46, 51, 54, 59, 79, 213–14 wave energy, 221 Ways of Seeing (Berger), 12, 281 Wealth of Nations, The (Smith), 74, 78, 96, 104 wealth ownership, 177–82 Weaver, Warren, 135–6 weightless economy, 261–2 WEIRD (Western, educated, industrialised, rich, democratic), 103–5, 110, 112, 115, 117, 282 West Bengal, India, 124, 178 West, Darrell, 171–2 wetlands, 7 whale hunting, 106 Wiedmann, Tommy, 210 Wikipedia, 82, 223 Wilkinson, Richard, 171 win–win trade, 62, 68, 89 wind energy, 75, 118, 196, 202–3, 221, 233, 239, 260, 263 Wizard of Oz, The, 241 Woelab, 231, 293 Wolf, Martin, 183, 266 women’s rights, 33, 57, 107, 160, 201 and core economy, 69, 79–81 education, 57, 124, 178, 198 and land ownership, 178 see also gender equality workers’ rights, 88, 91, 269 World 3 model, 154–5 World Bank, 6, 41, 119, 164, 168, 171, 206, 255, 258 World No Tobacco Day, 124 World Trade Organization, 6, 89 worldview, 22, 54, 115 X xenophobia, 266, 277, 286 Xenophon, 4, 32, 56–7, 160 Y Yandle, Bruce, 208 Yang, Yuan, 1–3, 289–90 yin yang, 54 Yousafzai, Malala, 124 YouTube, 192 Yunnan, China, 56 Z Zambia, 10 Zanzibar, 9 Zara, 276 Zeitvorsoge, 186–7 zero environmental impact, 217–18, 238, 241 zero-hour contracts, 88 zero-humans-required production, 192 zero-interest loans, 183 zero-marginal-cost revolution, 84, 191, 264 zero-waste manufacturing, 227 Zinn, Howard, 77 PICTURE ACKNOWLEDGEMENTS Illustrations are reproduced by kind permission of: archive.org

Battling Eight Giants: Basic Income Now by Guy Standing

basic income, Bernie Sanders, carbon tax, centre right, collective bargaining, decarbonisation, degrowth, diversified portfolio, Donald Trump, Elon Musk, Extinction Rebellion, full employment, future of work, Gini coefficient, income inequality, Intergovernmental Panel on Climate Change (IPCC), job automation, labour market flexibility, Lao Tzu, longitudinal study, low skilled workers, Martin Wolf, Mont Pelerin Society, moral hazard, North Sea oil, offshore financial centre, open economy, pension reform, precariat, quantitative easing, rent control, Ronald Reagan, selection bias, universal basic income, Y Combinator

And since a disproportionate share of economic growth is now going to a minority at the top of the income spectrum, a higher rate of GDP growth is needed to reduce poverty. But more growth means more resource depletion, more greenhouse gas emissions and more pollution of all kinds. Greens advocate ‘degrowth’. There is considerable merit in that position, but it would be a hard sell politically, since it would risk misinterpretation as telling voters they should expect a decline in living standards. A better approach would be to recalibrate what is meant by growth, giving value to environmental indicators and forms of work that are not counted in GDP, perhaps using a ‘genuine progress indicator’, as some have proposed.78 One other change is vital.

Why We Can't Afford the Rich by Andrew Sayer

"World Economic Forum" Davos, accounting loophole / creative accounting, Alan Greenspan, Albert Einstein, Anthropocene, anti-globalists, asset-backed security, banking crisis, banks create money, basic income, biodiversity loss, bond market vigilante , Boris Johnson, Bretton Woods, British Empire, Bullingdon Club, business cycle, call centre, capital controls, carbon footprint, carbon tax, collective bargaining, corporate raider, corporate social responsibility, creative destruction, credit crunch, Credit Default Swap, crony capitalism, David Graeber, David Ricardo: comparative advantage, debt deflation, decarbonisation, declining real wages, deglobalization, degrowth, deindustrialization, delayed gratification, demand response, don't be evil, Double Irish / Dutch Sandwich, en.wikipedia.org, Etonian, financial engineering, financial innovation, financial intermediation, Fractional reserve banking, full employment, G4S, Goldman Sachs: Vampire Squid, green new deal, high net worth, high-speed rail, income inequality, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), investor state dispute settlement, Isaac Newton, James Carville said: "I would like to be reincarnated as the bond market. You can intimidate everybody.", James Dyson, job automation, Julian Assange, junk bonds, Kickstarter, labour market flexibility, laissez-faire capitalism, land bank, land value tax, long term incentive plan, low skilled workers, Mark Zuckerberg, market fundamentalism, Martin Wolf, mass immigration, means of production, moral hazard, mortgage debt, negative equity, neoliberal agenda, new economy, New Urbanism, Northern Rock, Occupy movement, offshore financial centre, oil shale / tar sands, patent troll, payday loans, Philip Mirowski, plutocrats, popular capitalism, predatory finance, price stability, proprietary trading, pushing on a string, quantitative easing, race to the bottom, rent-seeking, retail therapy, Ronald Reagan, shareholder value, short selling, sovereign wealth fund, Steve Jobs, tacit knowledge, TED Talk, The Nature of the Firm, The Spirit Level, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thorstein Veblen, too big to fail, transfer pricing, trickle-down economics, universal basic income, unpaid internship, upwardly mobile, Washington Consensus, wealth creators, WikiLeaks, Winter of Discontent, working poor, Yom Kippur War, zero-sum game

We are in deep trouble, not just because of the economic crisis, but because it’s overshadowed by a bigger and more threatening crisis – climate change. The solution to the economic crisis is widely thought to be growth. But that will only accelerate global warming. The rich countries need to switch to steady-state or ‘degrowth’ economies to save the planet, but capitalism needs growth to survive; it’s in its DNA. Soviet state socialism proved no better environmentally. We need a different model. If that seems a gloomy conclusion, there is a very important and positive counter message: that beyond a certain level, attained already by most people in rich countries, well-being is not improved much by further increases in wealth, and well-being tends to be higher in more equal countries.

…

‘Geoengineering’ projects, such as cloud seeding or putting giant reflectors in space or fertilising the oceans to absorb more CO2 are hugely risky, and only encourage governments to stall on CO2 reduction. So is there another way out of the double crisis? Reduced consumption: sufficiency? For the rich countries at least, not growth but zero growth or even ‘de-growth’ are likely to be the only feasible ways of cutting greenhouse gases fast enough to stop runaway global warming, and that of course would mean more modest consumption, including reduced mobility, particularly for the rich and well-off. We certainly can’t afford the rich, for environmental as well as economic and social justice reasons.

Undoing Border Imperialism by Harsha Walia

Corrections Corporation of America, critical race theory, degrowth, emotional labour, Howard Zinn, illegal immigration, imposter syndrome, informal economy, Internet Archive, mass incarceration, means of production, Mohammed Bouazizi, moral panic, Naomi Klein, Occupy movement, oil shale / tar sands, public intellectual, race to the bottom, Scramble for Africa, Silicon Valley, structural adjustment programs, telemarketer, women in the workforce

Tara Williamson, “Idle No More Provides Us with Opportunity to Examine Nationhood,” Divided No More, January 15, 2013, http://dividednomore.ca/2013/01/15/idlenomore-provides-us-with-opportunity-to-examine-nationhood/ (accessed March 1, 2013). 6. Frantz Fanon, Wretched of the Earth, trans. Constance Farrington (New York: Grove Press, 1965), 44. 7. Valérie Fournier, “Escaping from the Economy: The Politics of Degrowth,” International Journal of Sociology and Social Policy 28, 11–12 (March 2008): 530. 8. Ibid. 9. Leanne Simpson, “Attawapiskat, Revisited,” Briarpatch, May 1, 2012, http://briarpatchmagazine.com/articles/view/attawapiskat-revisited (accessed September 12, 2012). 10. Nora Butler Burke, “Building a ‘Canadian’ Decolonization Movement: Fighting the Occupation at ‘Home,’” Colours of Resistance, August 2004, http://www.coloursofresistance.org/360/building-a-canadian-decolonization-movement-fighting-the-occupation-at-home/ (accessed September 12, 2012). 11.

The Wisdom of Frugality: Why Less Is More - More or Less by Emrys Westacott

Airbnb, back-to-the-land, Bertrand Russell: In Praise of Idleness, Bonfire of the Vanities, carbon footprint, carbon tax, clean water, Community Supported Agriculture, corporate raider, critique of consumerism, Daniel Kahneman / Amos Tversky, dark matter, degrowth, Diane Coyle, discovery of DNA, Downton Abbey, dumpster diving, financial independence, full employment, greed is good, happiness index / gross national happiness, haute cuisine, hedonic treadmill, income inequality, invisible hand, Isaac Newton, it is difficult to get a man to understand something, when his salary depends on his not understanding it, loss aversion, McMansion, means of production, move fast and break things, negative equity, New Urbanism, off-the-grid, Paradox of Choice, paradox of thrift, Ralph Waldo Emerson, sunk-cost fallacy, Thales and the olive presses, Thales of Miletus, the market place, The Spirit Level, The Theory of the Leisure Class by Thorstein Veblen, Thorstein Veblen, Upton Sinclair, Veblen good, Virgin Galactic, Zipcar

.: HCL, 2002); Ed Romney, Living Well on Practically Nothing (Boulder, CO: Paladin Press, 2001). 2. Representative websites devoted to frugality or simple living include the following: Simple Living Network, The Simple Dollar, Value of Simple, The Minimalistas, Center for a New American Dream, Slow Movement, Degrowth, The Dollar Stretcher, Happy Simple Living, and Choosing Voluntary Simplicity. 3. William B. Irvine, A Guide to the Good Life: The Ancient Art of Stoic Joy (Oxford: Oxford University Press, 2009). CHAPTER 1: WHAT IS SIMPLICITY? 1. Benjamin Franklin, Autobiography, in Autobiography and Other Writings, ed.

Road to Nowhere: What Silicon Valley Gets Wrong About the Future of Transportation by Paris Marx

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, A Declaration of the Independence of Cyberspace, Airbnb, An Inconvenient Truth, autonomous vehicles, back-to-the-land, Berlin Wall, Bernie Sanders, bike sharing, Californian Ideology, car-free, carbon credits, carbon footprint, cashless society, clean tech, cloud computing, colonial exploitation, computer vision, congestion pricing, corporate governance, correlation does not imply causation, COVID-19, DARPA: Urban Challenge, David Graeber, deep learning, degrowth, deindustrialization, deskilling, Didi Chuxing, digital map, digital rights, Donald Shoup, Donald Trump, Douglas Engelbart, Douglas Engelbart, driverless car, Elaine Herzberg, Elon Musk, energy transition, Evgeny Morozov, Extinction Rebellion, extractivism, Fairchild Semiconductor, Ford Model T, frictionless, future of work, General Motors Futurama, gentrification, George Gilder, gig economy, gigafactory, global pandemic, global supply chain, Google Glasses, Google X / Alphabet X, green new deal, Greyball, high-speed rail, Hyperloop, independent contractor, Induced demand, intermodal, Jane Jacobs, Jeff Bezos, jitney, John Perry Barlow, Kevin Kelly, knowledge worker, late capitalism, Leo Hollis, lockdown, low interest rates, Lyft, Marc Benioff, market fundamentalism, minimum viable product, Mother of all demos, move fast and break things, Murray Bookchin, new economy, oil shock, packet switching, Pacto Ecosocial del Sur, Peter Thiel, pre–internet, price mechanism, private spaceflight, quantitative easing, QWERTY keyboard, Ralph Nader, Richard Florida, ride hailing / ride sharing, Ronald Reagan, safety bicycle, Salesforce, School Strike for Climate, self-driving car, Sidewalk Labs, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Silicon Valley startup, smart cities, social distancing, Southern State Parkway, Steve Jobs, Stewart Brand, Stop de Kindermoord, streetcar suburb, tech billionaire, tech worker, techlash, technological determinism, technological solutionism, technoutopianism, the built environment, The Death and Life of Great American Cities, TikTok, transit-oriented development, transportation-network company, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, Unsafe at Any Speed, urban planning, urban renewal, VTOL, walkable city, We are as Gods, We wanted flying cars, instead we got 140 characters, WeWork, Whole Earth Catalog, Whole Earth Review, work culture , Yom Kippur War, young professional

As environmental activist George Monbiot has explained, “The expansion of public wealth creates more space for everyone; the expansion of private wealth reduces it, eventually damaging most people’s quality of life.”21 The communities of the future must expand public parks and pools; build wonderful libraries that lend out books along with many other necessities; and take a whole range of basic services out of the market to provision them for public good in an effort to reverse the trend toward private luxuries. Degrowth campaigner Aaron Vansintjan called this a campaign for “public abundance,” and it is a vision which we should strive to achieve.22 Remaking society in this way also provides the opportunity to rethink how services are delivered to best meet the needs of the public instead of letting large companies exploit them for profit.

Nomad Century: How Climate Migration Will Reshape Our World by Gaia Vince

3D printing, An Inconvenient Truth, Anthropocene, biodiversity loss, bitcoin, Boris Johnson, carbon tax, charter city, circular economy, clean water, colonial exploitation, coronavirus, COVID-19, decarbonisation, degrowth, Donald Trump, Dunbar number, European colonialism, failed state, gentrification, global pandemic, Global Witness, green new deal, Haber-Bosch Process, high-speed rail, housing crisis, ice-free Arctic, illegal immigration, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, invention of the printing press, job automation, joint-stock company, Kim Stanley Robinson, labour mobility, load shedding, lockdown, low skilled workers, Mahatma Gandhi, Malacca Straits, mass immigration, mass incarceration, mega-rich, megacity, negative emissions, new economy, ocean acidification, old age dependency ratio, open borders, Patri Friedman, Peace of Westphalia, Pearl River Delta, Peter Thiel, place-making, planetary scale, plyscraper, polynesian navigation, quantitative easing, randomized controlled trial, rewilding, Rishi Sunak, sharing economy, Shenzhen special economic zone , Silicon Valley, special economic zone, trade route, transatlantic slave trade, undersea cable, urban planning, urban sprawl, white flight, women in the workforce, working-age population, zero-sum game, Zipcar

There is no justification for billionaires in societies where many struggle to feed themselves – this pathological accumulation of wealth could be far better used by society with no harm to lifestyle. We are still a long way from achieving economic growth without environmental destruction, but there are ways of getting there. Although some environmentalists argue we should be aiming for degrowth, I remain unconvinced that living standards could be maintained under such circumstances, and can’t imagine democratic societies choosing a decline in living standards. CIRCULATING RESOURCES The advantage of having a global population concentrated in megacity safe havens is the opportunity for efficiencies.

Falter: Has the Human Game Begun to Play Itself Out? by Bill McKibben

"Hurricane Katrina" Superdome, 23andMe, Affordable Care Act / Obamacare, Airbnb, Alan Greenspan, American Legislative Exchange Council, An Inconvenient Truth, Anne Wojcicki, Anthropocene, Apollo 11, artificial general intelligence, Bernie Sanders, Bill Joy: nanobots, biodiversity loss, Burning Man, call centre, Cambridge Analytica, carbon footprint, carbon tax, Charles Lindbergh, clean water, Colonization of Mars, computer vision, CRISPR, David Attenborough, deep learning, DeepMind, degrowth, disinformation, Donald Trump, double helix, driverless car, Easter island, Edward Snowden, Elon Musk, ending welfare as we know it, energy transition, Extinction Rebellion, Flynn Effect, gigafactory, Google Earth, Great Leap Forward, green new deal, Greta Thunberg, Hyperloop, impulse control, income inequality, Intergovernmental Panel on Climate Change (IPCC), James Bridle, Jane Jacobs, Jaron Lanier, Jeff Bezos, job automation, Kim Stanley Robinson, life extension, light touch regulation, Mark Zuckerberg, mass immigration, megacity, Menlo Park, moral hazard, Naomi Klein, Neil Armstrong, Nelson Mandela, Nick Bostrom, obamacare, ocean acidification, off grid, oil shale / tar sands, paperclip maximiser, Paris climate accords, pattern recognition, Peter Thiel, plutocrats, profit motive, Ralph Waldo Emerson, Ray Kurzweil, Robert Mercer, Ronald Reagan, Sam Altman, San Francisco homelessness, self-driving car, Silicon Valley, Silicon Valley startup, smart meter, Snapchat, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, Steven Pinker, strong AI, supervolcano, tech baron, tech billionaire, technoutopianism, TED Talk, The Wealth of Nations by Adam Smith, traffic fines, Tragedy of the Commons, Travis Kalanick, Tyler Cowen, urban sprawl, Virgin Galactic, Watson beat the top human players on Jeopardy!, Y Combinator, Y2K, yield curve

Rory Smith, “IQ Scores Are Falling and Have Been for Decades, New Study Finds,” CNN.com, June 14, 2018. 11. Adrien Marck et al., “Are We Reaching the Limits of Homo sapiens?” Frontiers in Physiology, frontiersin.org, October 24, 2017. 12. Steven Pinker, “The Moral Imperative for Bioethics,” Boston Globe, July 31, 2015. 13. Derrick O’Keefe, “Décroissance in America: Say Degrowth!” Reporterre, May 8, 2010. 14. Adam Smith, The Wealth of Nations, Book I, chapter 9. “On the Profits of Stock,” available online econolib.org/library/smith/smwn.htm 15. John Stuart Mill, “Of the Stationary State of Wealth and Population,” quoted at bartleby.com. 16. The Arts Council of Great Britain, “First Annual Report 1945–6” (London: Baynard Press, 1946), p. i.

The God Species: Saving the Planet in the Age of Humans by Mark Lynas

Airbus A320, Anthropocene, back-to-the-land, Berlin Wall, biodiversity loss, carbon credits, carbon footprint, clean water, Climategate, Climatic Research Unit, data science, David Ricardo: comparative advantage, decarbonisation, degrowth, dematerialisation, demographic transition, Easter island, Eyjafjallajökull, Great Leap Forward, Haber-Bosch Process, ice-free Arctic, Intergovernmental Panel on Climate Change (IPCC), invention of the steam engine, James Watt: steam engine, megacity, meta-analysis, moral hazard, Negawatt, New Urbanism, ocean acidification, oil shale / tar sands, out of africa, peak oil, planetary scale, precautionary principle, quantitative easing, race to the bottom, rewilding, Ronald Reagan, special drawing rights, Stewart Brand, synthetic biology, Tragedy of the Commons, two and twenty, undersea cable, University of East Anglia, We are as Gods

Third, to the biggest and most central concern of all: economic growth. Throughout this book I have referred approvingly to growth, technology, and innovation as ways to solve pressing environmental challenges. But won’t growth go on to cause even more problems than it solves? And is ever-increasing consumption even possible on a physically limited planet? De-growth, on the other hand, can be environmentally beneficial: Industrialized countries saw declines in carbon emissions following the economic recession that began in 2008. These are strong arguments, and need to be looked at carefully. But I believe my pro-growth perspective holds up to the challenge, for several equally strong reasons.

The Government of No One: The Theory and Practice of Anarchism by Ruth Kinna

Anthropocene, Berlin Wall, British Empire, complexity theory, creative destruction, critical race theory, David Graeber, deep learning, degrowth, en.wikipedia.org, Fall of the Berlin Wall, feminist movement, friendly fire, ghettoisation, Herbert Marcuse, intentional community, John Gilmore, Kickstarter, late capitalism, means of production, meritocracy, moral panic, Murray Bookchin, New Journalism, Occupy movement, post scarcity, public intellectual, rewilding, Steven Pinker, Ted Kaczynski, union organizing, wage slave

After being expelled from France he moved to London where he became a leading figure in émigré anarchist circles and a friend of Malatesta, Rocker and Nettlau. He is buried in the Brockley and Ladywell cemeteries in South London.13 HANS WIDMER AKA P.M. (b. 1947) Widmer is a Zurich-based anarchist, retired teacher and philologist and advocate of degrowth and urban redesign. A member of the Midnight Notes collective he describes himself as an anti-68er and is best known as the author of bolo’bolo (1983). Widmer has published over fifteen books, including Die Andere Stadt/The Other City in 2017.14 GEORGE WOODCOCK (1912–1995) A writer, poet, anarchist and historian of anarchism, Woodcock wrote or edited an estimated 150 books, including the highly influential Anarchism: A History of Libertarian Ideas and Movements (1962) and The Anarchist Reader (1977).

Enlightenment Now: The Case for Reason, Science, Humanism, and Progress by Steven Pinker

3D printing, Abraham Maslow, access to a mobile phone, affirmative action, Affordable Care Act / Obamacare, agricultural Revolution, Albert Einstein, Alfred Russel Wallace, Alignment Problem, An Inconvenient Truth, anti-communist, Anton Chekhov, Arthur Eddington, artificial general intelligence, availability heuristic, Ayatollah Khomeini, basic income, Berlin Wall, Bernie Sanders, biodiversity loss, Black Swan, Bonfire of the Vanities, Brexit referendum, business cycle, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Charlie Hebdo massacre, classic study, clean water, clockwork universe, cognitive bias, cognitive dissonance, Columbine, conceptual framework, confounding variable, correlation does not imply causation, creative destruction, CRISPR, crowdsourcing, cuban missile crisis, Daniel Kahneman / Amos Tversky, dark matter, data science, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic transition, Deng Xiaoping, distributed generation, diversified portfolio, Donald Trump, Doomsday Clock, double helix, Eddington experiment, Edward Jenner, effective altruism, Elon Musk, en.wikipedia.org, end world poverty, endogenous growth, energy transition, European colonialism, experimental subject, Exxon Valdez, facts on the ground, fake news, Fall of the Berlin Wall, first-past-the-post, Flynn Effect, food miles, Francis Fukuyama: the end of history, frictionless, frictionless market, Garrett Hardin, germ theory of disease, Gini coefficient, Great Leap Forward, Hacker Conference 1984, Hans Rosling, hedonic treadmill, helicopter parent, Herbert Marcuse, Herman Kahn, Hobbesian trap, humanitarian revolution, Ignaz Semmelweis: hand washing, income inequality, income per capita, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), invention of writing, Jaron Lanier, Joan Didion, job automation, Johannes Kepler, John Snow's cholera map, Kevin Kelly, Khan Academy, knowledge economy, l'esprit de l'escalier, Laplace demon, launch on warning, life extension, long peace, longitudinal study, Louis Pasteur, Mahbub ul Haq, Martin Wolf, mass incarceration, meta-analysis, Michael Shellenberger, microaggression, Mikhail Gorbachev, minimum wage unemployment, moral hazard, mutually assured destruction, Naomi Klein, Nate Silver, Nathan Meyer Rothschild: antibiotics, negative emissions, Nelson Mandela, New Journalism, Norman Mailer, nuclear taboo, nuclear winter, obamacare, ocean acidification, Oklahoma City bombing, open economy, opioid epidemic / opioid crisis, paperclip maximiser, Paris climate accords, Paul Graham, peak oil, Peter Singer: altruism, Peter Thiel, post-truth, power law, precautionary principle, precision agriculture, prediction markets, public intellectual, purchasing power parity, radical life extension, Ralph Nader, randomized controlled trial, Ray Kurzweil, rent control, Republic of Letters, Richard Feynman, road to serfdom, Robert Gordon, Rodney Brooks, rolodex, Ronald Reagan, Rory Sutherland, Saturday Night Live, science of happiness, Scientific racism, Second Machine Age, secular stagnation, self-driving car, sharing economy, Silicon Valley, Silicon Valley ideology, Simon Kuznets, Skype, smart grid, Social Justice Warrior, sovereign wealth fund, sparse data, stem cell, Stephen Hawking, Steve Bannon, Steven Pinker, Stewart Brand, Stuxnet, supervolcano, synthetic biology, tech billionaire, technological determinism, technological singularity, Ted Kaczynski, Ted Nordhaus, TED Talk, The Rise and Fall of American Growth, the scientific method, The Signal and the Noise by Nate Silver, The Spirit Level, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, total factor productivity, Tragedy of the Commons, union organizing, universal basic income, University of East Anglia, Unsafe at Any Speed, Upton Sinclair, uranium enrichment, urban renewal, W. E. B. Du Bois, War on Poverty, We wanted flying cars, instead we got 140 characters, women in the workforce, working poor, World Values Survey, Y2K

The root cause is the Enlightenment commitment to reason, science, and progress: “Scientific and technological progress cannot be equated with the progress of humanity and history,” wrote Francis. “The way to a better future lies elsewhere,” namely in an appreciation of “the mysterious network of relations between things” and (of course) “the treasure of Christian spiritual experience.” Unless we repent our sins by degrowth, deindustrialization, and a rejection of the false gods of science, technology, and progress, humanity will face a ghastly reckoning in an environmental Judgment Day. As with many apocalyptic movements, greenism is laced with misanthropy, including an indifference to starvation, an indulgence in ghoulish fantasies of a depopulated planet, and Nazi-like comparisons of human beings to vermin, pathogens, and cancer.

…

The declines don’t just reflect an offshoring of heavy industry to the developing world, because the bulk of energy use and emissions comes from transportation, heating, and electricity generation, which cannot be outsourced. Rather, they mainly reflect gains in efficiency and emission control. These diverging curves refute both the orthodox Green claim that only degrowth can curb pollution and the orthodox right-wing claim that environmental protection must sabotage economic growth and people’s standard of living. Figure 10-3: Pollution, energy, and growth, US, 1970–2015 Sources: US Environmental Protection Agency 2016, based on the following sources.

Grand Transitions: How the Modern World Was Made by Vaclav Smil

8-hour work day, agricultural Revolution, AltaVista, Anthropocene, Any sufficiently advanced technology is indistinguishable from magic, biodiversity loss, Biosphere 2, Boeing 747, caloric restriction, caloric restriction, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, circular economy, clean water, complexity theory, correlation does not imply causation, COVID-19, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic dividend, demographic transition, Deng Xiaoping, disruptive innovation, energy transition, European colonialism, Extinction Rebellion, Ford Model T, garden city movement, general purpose technology, Gini coefficient, Google Hangouts, Great Leap Forward, Haber-Bosch Process, Hans Rosling, hydraulic fracturing, hydrogen economy, income inequality, income per capita, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, Johann Wolfgang von Goethe, Just-in-time delivery, knowledge economy, Law of Accelerating Returns, manufacturing employment, mass immigration, megacity, meta-analysis, microplastics / micro fibres, ocean acidification, oil shale / tar sands, old age dependency ratio, peak oil, planetary scale, planned obsolescence, power law, precision agriculture, purchasing power parity, RAND corporation, Ray Kurzweil, Republic of Letters, Robert Solow, Silicon Valley, Simon Kuznets, Singularitarianism, Skype, Steven Pinker, Suez canal 1869, the built environment, The Rise and Fall of American Growth, total factor productivity, urban decay, urban planning, urban sprawl, working-age population

The Oxford Handbook of the Archaeology and Anthropology of Hunter-Gatherers. Oxford: Oxford University Press. Cummins, N. 2012. Marital fertility and wealth during the fertility transition: Rural France; 1750–1850. The Economic History Review https://doi.org/10.1111/j.1468-0289.2012.00666.x D’Alisa, G. et al., eds. 2014. Degrowth: A Vocabulary for a New Era. London: Routledge. Daly, H.E., ed. 1971. Toward a Stationary-State Economy. San Francisco: W.H. Freeman. Daly, H. 1980. Economics, Ecology, Ethics: Essays Toward a Steady-State Economy. San Francisco: W.H. Freeman and Company. Daly, H. 1996. Beyond Growth. Boston: Beacon Press.

Countdown: Our Last, Best Hope for a Future on Earth? by Alan Weisman

air freight, Albert Einstein, Anthropocene, anti-communist, Ayatollah Khomeini, Berlin Wall, biodiversity loss, Bretton Woods, British Empire, call centre, carbon footprint, clean water, colonial rule, David Attenborough, degrowth, demographic transition, Deng Xiaoping, Edward Jenner, El Camino Real, epigenetics, Filipino sailors, Garrett Hardin, Great Leap Forward, Haber-Bosch Process, happiness index / gross national happiness, haute couture, housing crisis, ice-free Arctic, Ignaz Semmelweis: hand washing, illegal immigration, immigration reform, Intergovernmental Panel on Climate Change (IPCC), land reform, liberation theology, load shedding, Louis Pasteur, Mahatma Gandhi, Mahbub ul Haq, megacity, Menlo Park, Michael Shellenberger, microdosing, Money creation, new economy, ocean acidification, oil shale / tar sands, out of africa, Pearl River Delta, planetary scale, Ponzi scheme, race to the bottom, rolling blackouts, Ronald Reagan, Satyajit Das, Seymour Hersh, Silicon Valley, South China Sea, stem cell, Stephen Hawking, Stewart Brand, unemployed young men, upwardly mobile, urban sprawl, Whole Earth Catalog, WikiLeaks

MarketWatch, June 28, 2011. http://www.marketwatch.com/story/population-bomb-9-billion-march-to-wwiii-2011-06-28. _______.“Why Big-Money Men Ignore World’s Biggest Problem.” MarketWatch, October 11, 2011. Filipo, Fabrice, and Francois Schneider, eds. Proceedings of the First International Conference on Economic De-growth for Ecological Sustainability and Social Equity, Paris, April 18–19, 2008. Freeland, Chrystia. “Demographics Putting a Squeeze on the Debt Dilemma.” Reuters, August 1, 2011. Ghimire, Bhumika. “Germany: Population Decline and the Economy.” Suite101.com, February 22, 2011. http://suite101.com/article.

Basic Income: A Radical Proposal for a Free Society and a Sane Economy by Philippe van Parijs, Yannick Vanderborght

Airbnb, Albert Einstein, basic income, Berlin Wall, Bertrand Russell: In Praise of Idleness, carbon tax, centre right, collective bargaining, cryptocurrency, David Graeber, declining real wages, degrowth, diversified portfolio, Edward Snowden, eurozone crisis, Fall of the Berlin Wall, feminist movement, full employment, future of work, George Akerlof, Herbert Marcuse, illegal immigration, income per capita, informal economy, Jeremy Corbyn, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kickstarter, Marshall McLuhan, means of production, minimum wage unemployment, Money creation, open borders, Paul Samuelson, pension reform, Post-Keynesian economics, precariat, price mechanism, profit motive, purchasing power parity, quantitative easing, race to the bottom, road to serfdom, Robert Solow, Rutger Bregman, Second Machine Age, secular stagnation, selection bias, sharing economy, sovereign wealth fund, systematic bias, The Spirit Level, The Wealth of Nations by Adam Smith, Thomas Malthus, Tobin tax, universal basic income, urban planning, urban renewal, War on Poverty, working poor

Wall Street Journal, June 3. http://Â�w ww╉.Â�wsj╉.Â�com ╉/Â�a rticles╉/Â�a╉-Â�g uaranteed╉-Â�income╉-Â�for╉-Â�every╉-Â�american╉-Â�1 464969586. Musgrave, Richard A. 1974. “Maximin, Uncertainty, and the Leisure Trade-Â�Off.” Quarterly Journal of Economics 88(4): 625–632. Mylondo, Baptiste. 2010. Un revenu pour tous! Précis d’utopie réaliste. Paris: Utopia. —Â�—Â�—. 2012. “Can a Basic Income Lead to Economic Degrowth?” Paper presented at the 14th Congress of the Basic Income Earth Network (BIEN), Munich, September 14–16. Myrdal, Alva. 1945. “In Cash or In Kind.” In Alva Myrdal, Nation and Â�Family: The Swedish Experiment in DemoÂ�cratic Â�Family and Population Policy, 133–153. London: Kegan Paul. National Welfare Rights OrganÂ�ization. 1969/2003.

The Dawn of Everything by David Graeber, David Wengrow

"World Economic Forum" Davos, agricultural Revolution, Anthropocene, Atahualpa, British Empire, Columbian Exchange, conceptual framework, cryptocurrency, David Graeber, degrowth, European colonialism, founder crops, Gini coefficient, global village, Hernando de Soto, Hobbesian trap, income inequality, invention of agriculture, invention of the steam engine, Isaac Newton, labour mobility, land tenure, Lewis Mumford, mass immigration, means of production, Murray Bookchin, new economy, New Urbanism, out of africa, public intellectual, Scientific racism, spice trade, spinning jenny, statistical model, Steven Pinker, theory of mind, trade route, Tragedy of the Commons, urban planning, urban renewal, urban sprawl

That is what made Marshall Sahlins’s 1968 essay ‘The Original Affluent Society’ such an epochal event, and is why we must now consider both some of its implications and its limitations. Probably the most influential anthropological essay ever written, it turned that old Victorian wisdom – still prevalent in the 1960s – on its head, creating instant discussion and debate, inspiring everyone from socialists to hippies. Whole schools of thought (Primitivism, Degrowth) would likely have never come about without it. But Sahlins was also writing at a time when archaeologists still knew relatively little about pre-agricultural peoples, at least compared to what we know now. It might be best, then, first to take a look at his argument before turning to the evidence we have today and seeing how the piece measures up against it.