Degrowth and Free Trade

tl;dr: The protection of domestic social production in free trade agreements works with Degrowth and ensures peace through trade

Since David Ricardo, mainstream economics favors free trade over economic isolationism when it comes to increasing the »wealth of nations«. Although Paul Samuelson’s notable criticism on some aspects of free trade all but left a minor dent in this believe. The potential downsides of free trade, so the consensus goes, can be managed by (i) allowing for innovation and structural change, (ii) by increasing employability and enabling lifelong learning, as well as (iii) by redistributing globalization gains more equally within a country through taxation.… Read more

Sustainability as a Key Idea informing Social Practice and Order

tl;dr: Sustainability is a social phenomenon of political, economic and ethical struggles to change social practices towards more ecological and societal equity with care.

Why on Earth another scholarly book, an introduction even, on Sustainability? Because most introductions focus on a list of definitions, principles, and cases for Sustainability and sustainable development. They present a panopticum of »everything sustainable« but lack the focus on its social and political nature. This is often reserved for more advanced texts but we – Thomas Pfister, Martin Schweighofer, and I – were deeply convinced that you have to introduce Sustainability as essentially political and thus essentially contested.
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The Future of Climate Change: What to make of the Paris Agreement

The climate deal in Paris might not save the planet from human-made climate change as it falls short on questioning the expansionist logic of the growth economy but it is nevertheless a surprising achievement of a global climate change discourse that defies all divisions and crises we currently witness. It is a sign of hope but the true discussion of how to achieve the 1.5C target is now on.

The Paris Agreement under the United Nations Framework Convention on Climate Change (its full name) was welcomed by the Economist with the headline »History is here«.… Read more

Austerity and Degrowth

I have to start with Greece. For many vocal advocates of a more leftwing economic policy, most notably (and notoriously) Paul Krugman), the prolonged debt crisis in the Mediterranean country has its roots in austerity politics imposed by the ‘Troika’ of the ECB, IMF, and the Eurozone Group. Without another haircut, i.e. write-off of Greek debts, and a stimulus program, Greece will not manage to recover. And recovery, of course, means GDP growth. I could argue about the deeper meaning of austerity politics in the case of Greece (or Portugal, or Spain, or Ireland for that matter) – to actually build a coherent fiscal framework for the Eurozone with shared understandings of political economy, something that has not been there in the first place and what is desperately needed in a common currency area.… Read more

Progressive Degrowth

Degrowth is a conservative perspective on humanitys future and thus always runs into serious  acceptance problems when dealing with progressive proposals of limitless developments. What is needed is a reframing of these proposals as conservative and limiting our future while degrowth is presented as a new progressivism.

If you are an optimist regarding your life, technological opportunities and the general scheme of things, degrowth is hardly an attractive political-economical idea – less a philosophy you’d like to call your own.… Read more