Prosperity without Growth

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Prosperity without Growth Tim Jackson 8 th October 2010 Berlin

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Prosperity without Growth. Tim Jackson 8 th October 2010 Berlin. The Dilemma of Growth. Rockstrom et al, Nature 461, Sept 2009. Growth is unsustainable. The Dilemma of Growth. Growth is unsustainable De-growth is unstable. The Dilemma of Growth. Growth is unsustainable - PowerPoint PPT Presentation

Transcript of Prosperity without Growth

Page 1: Prosperity without Growth

Prosperity without GrowthTim Jackson8th October 2010Berlin

Page 2: Prosperity without Growth

• Growth is unsustainable

The Dilemma of GrowthRockstrom et al, Nature 461, Sept 2009

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• Growth is unsustainable • De-growth is unstable

The Dilemma of Growth

Life Expectancy at Birth

IcelandNorway

Ireland

Japan

United StatesUnited Kingdom

New ZealandMaltaChile

Bahrain

Costa RicaCuba

Russian Federation

China

Gabon

South Africa

Botswana

India

Swaziland

Mozambique

30

40

50

60

70

80

90

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000

GDP per capita (PPP $2005)

Lif

e ex

pec

tan

cy a

t b

irth

(ye

ars)

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• Growth is unsustainable • De-growth is unstable

• the pursuit of labour productivity

The Dilemma of Growth

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The Myth of Decoupling

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The Myth of DecouplingSource: Prosperity without growth, Tim Jackson (London, Earthscan 2009)

x 130 improvement

CO2/$ < zero by 2100?

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Households

Firms

IncomeInvestment Novelty

Price

Spending

Increasingproductivity

The Engine of Growth• shareholder value• creative destruction

• status consumption • a life without shame

Credit

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A Better Nature?

Tradition

Novelty

Self

Other

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

• material conditions: food , clothing, shelter• social and psychological flourishing: identity, meaning• the role of social goods and public spaces

Another Prosperity

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A Different Economy

Ecological Investment

Ecological Enterprise

Ecological Macroeconomics

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Ecological Investment

• low carbon transition• ecological assets• social goods• decent livelihoods

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Ecological Enterprise

• providing services• building capabilities• supporting communities • treading lightly

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The Productivity Dilemma

Ecological Enterprise

Low-carbon, resource efficient economic activities that provide employment, support communities and contribute to human flourishing

Productivity growth in Europe 1985 - 2005

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Each free web search saves about 2.4 yd² of rainforest. We have already protected 13,690,860 yd²

Every search saves rainforest!

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Ecologicalenterprise

People

Ecosystems

Ecological investment Ecosystem

services

Participation Capabilities

ecologicalproductivity

improvedflourishing

Ecological Macroeconomics

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Ecological Footsteps

Establish the limitsFix the economics

Change the social logic

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Establish the Limits 1. Establishing clearly defined resource/emissions caps 2. Fiscal Reform for Sustainability 3. Promoting Technology Transfer and Ecosystem Protection

Fix the Economics4. Developing the macro-economics of sustainability 5. Investing in public assets and infrastructures 6. Increasing financial and fiscal prudence 7. Improving macro-economic accounting

Change the social logic8. Sharing the work and improving the work-life balance 9. Tackling systemic inequality 10 Measuring capabilities and flourishing 11 Strengthening human and social capital 12 Reversing the culture of consumerism

Ecological Footsteps

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

‘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