Download - Tim Jackson: Prosperity without Growth
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Prosperity without GrowthTim Jackson24th September 2010Helsinki
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• 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 pursuit of labour productivity• the structure of debt• the means of creation of money• the pursuit of profit
The Dilemma of Growth
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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