Prosperity without Growth
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Prosperity without Growth. Tim Jackson 29 th April 2010. Rockstrom et al, Nature 461, Sept 2009. The Dilemma of Growth. Growth is unsustainable De-growth is unstable. GDP = Labour x LP. The Dilemma of Growth. Source: Prosperity without growth , Tim Jackson (London, Earthscan 2009).

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Prosperity without growth

Prosperity without Growth

Tim Jackson

29th April 2010


Prosperity without growth

Rockstrom et al, Nature 461, Sept 2009


The dilemma of growth

The Dilemma of Growth

  • Growth is unsustainable

  • De-growth is unstable

GDP = Labour x LP


The dilemma of growth1

The Dilemma of Growth

Source: Prosperity without growth, Tim Jackson (London, Earthscan 2009)

x 130 improvement

CO2/$ < zero by 2100?


The engine of growth

Credit

The Engine of Growth

  • shareholder value

  • creative destruction

Firms

Spending

Income

Increasing

productivity

Investment

Novelty

Price

Households

  • status consumption

  • a life without shame


Prosperity without growth

A Better Prosperity?

  • Prosperity consists in our ability to flourish as human beings – within the ecological limits of a finite planet.

    • material flourishing: food, clothing, shelter

    • social and psychological flourishing: identity, meaning, participation in the life of society

    • rethinking social goods and public spaces


A better economic engine

A Better Economic Engine?

Ecological Investment

low carbon transition

ecological assets

livelihoods

  • Ecological Enterprise

  • provide capabilities

  • support communities

  • tread lightly


Prosperity without growth

A Better Nature?

Novelty

Other

Self

Tradition


Prosperity without growth

Economics for a finite planet

Ecosystems

Ecological

investment

Ecosystem

services

ecological

productivity

Ecological

enterprise

Participation

Capabilities

improved

flourishing

People


Prosperity without growth

‘The crisis doesn’t only make us free to imagine other models, another future, another world. It obliges us to do so.’

President Sarkozy, September 2009

http://www.earthscan.co.uk/pwg


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