From the text: In the discourse on degrowth – the deliberate and planned downscaling of production and consumption that increases human well-being and enhances ecological conditions and equity on the planet – the notion of »sustainable development« has sort of a bad rap. In fact, sustainable degrowth is intended to replace sustainable development as the central concept under which ecological and social minded activists and researchers might rally. Serge Latouche, the one who first fired the »missile word« of décroissance into the pubic realm, once held a talk titled »Down with sustainable development! Long live convivial degrowth!« at a conference in Paris in 2002. What are the reasons for such disregard of sustainable development? And could this be a somewhat foolish mistake?
In the early 17th century, the bubonic plague is said to have played a crucial role in popping the tulip bubble in the Netherlands. Today, the coronavirus (COVID-19) is leading not only to a health crisis, but also an economic one. The outbreak is sparking realistic fears of a deep global downturn. Our globalised, just-in-time, cost-cutting, risk-taking and profit-maximising economy has shown a...
By Tadzio Müller In the run-up to last year’s United Nations Climate Conference in Lima, Peru, a particular headline kept popping up, an attempt to once again establish a particular meme in the mind of global elites as well as wider populations: friends, the line goes, you’re right to worry about climate change, but – say the reports by, on the one hand, the International Monetary Fund, and on...
Some people object to the concept of “natural capital” because they say it reduces nature to the status of a commodity to be marketed at its exchange value. This indeed is a danger, well discussed by George Monbiot. Monbiot’s criticism rightly focuses on the monetary pricing of natural capital. But it is worth clarifying that the word “capital” in its original non-monetary sense means “a stock ...
