When talking about degrowth –the planned transition to a contraction-based, socially just, and ecologically sustainable society– or a postgrowth economy –an economy that is in a dynamic steady state and sustainable in the long-term– issues of macroeconomic policy are becoming shaky and unclear from the classical economics perspective which is still focused on perpetual economic growth. In the wider degrowth/postgrowth movement you have to credit Tim Jackson and Peter A. Victor for probably the most insightful work until now into this subject.… Read more
Technology Beyond Growth – The Role of Technology in the Postgrowth Economy
Placing the notion of technology within a postgrowth setting is like introducing Conchita Wurst to a Vatican congregation. Not any congregation, but the Papal conclave. Not as a surprise guest to cheer everyone up, but as a serious proposal for the next Holy Father – or in this case: the Holy Trinity of the one, the other, and both. Technology? Are you sure? Technology is either regarded as the dominant means to follow the futile dream of decoupling economic activity from ecological impact thus producing »green« growth – and thus cementing the capitalist, growth-oriented machine, responsible for environmental degradation, productivity increase and workers exploitation, acting as the materialist »perpetuum mobile« spewing out one gadget after the other in order to keep us fixed in our roles as mindless consumers, feeling ever more hollow down to our human core.… Read more
The Great Transition
An Essay on Organization and Management in the Sustainability Society*
From crisis to meta-crisis
At the Convocation of the United Negro** College Fund in 1959, John F. Kennedy referred to the Chinese word for “crisis” being made up of two symbols, one denoting “danger” (wēi), and the other denoting “opportunity” (jī). Today, many decision makers in politics and the economy use this phrase addressing the slowly retreating economic and financial crisis.… Read more
Economic Sustainability Revisited
When business people and management scholars speak of sustainability, they most often refer to the idea of a triple bottom line for planet, people and profit – sustainability as the integration of ecological, social and economic goals or dimensions. The focus of research, just as the activities of “sustainability managers”, is on calculating and evaluating ecological and social sustainability. Carbon footprinting, lifecycle analysis, employee motivation and human capital as an asset – these topics are often driving sustainability debates in companies.… Read more
Infinite happiness
When discussing the growth issue, especially from the perspective of degrowth, one argument comes up regularly. This argument can be termed “infinite happiness” and it goes something like this: economic growth might be restrained or needs to be restrained for various reasons but surely no one wants to put an end to growth in creativity, quality of life, and happiness. This is then usually followed by the demand to provide a new indicator for societal well-being, going beyond GDP and including all sorts of hard-to-be-tangibles.… Read more