The Path to Degrowth in Overdeveloped Countries

Last updated

"The Path to Degrowth in Overdeveloped Countries", written by Erik Assadourian, is the second chapter of the Worldwatch Institute's State of the World (2012), [1] available for free online. [2]

Contents

In his chapter of the report, Assadourian defines degrowth as an "essential and urgent" economic strategy to pursue in countries entrenched in overdevelopment (such as the United States) in order for those countries to be truly sustainable and adapt to "The rapidly warming Earth and the collapse of ecosystem services." Furthermore, he hopes to dispel "the myth that perpetual pursuit of growth is good for economies or the societies of which they are a part" for the well-being of the planet, of underdeveloped populations, and of the sick, stressed, and overweight populations of overdeveloped countries. Assadourian argues via the principle of plenitude that degrowth will inevitably occur whether we want it to or not because—on a planet of finite resources—economies and populations cannot grow infinitely, and overdeveloped countries are still pursuing more economic growth and overconsuming resources.

Assadourian outlines four policies overdeveloped nations could employ to sufficiently facilitate a planned and controlled contraction of the economy so as to get back in line with planetary boundaries. Each of these, in unison, will eventually foster the creation of a steady-state economy that is in balance with Earth's limits:

Assadourian also wrote a two-page policy brief [3] on the chapter highlighting the key messages of, the problem regarding, and points to keep in mind moving forward on our path to degrowth.

See also

Related Research Articles

The State of the World (SoW) was a series of books published annually from 1984 to 2017 by the U.S. based Worldwatch Institute, a thinktank that was founded in the 1970s by renowned environmentalist Lester R. Brown and ceased operations in 2017. The series attempted to identify the planet's most significant environmental challenges.

The Worldwatch Institute was a globally focused environmental research organization based in Washington, D.C., founded by Lester R. Brown. Worldwatch was named as one of the top ten sustainable development research organizations by Globescan Survey of Sustainability Experts.

<span class="mw-page-title-main">Ecological economics</span> Interdependence of human economies and natural ecosystems

Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. By treating the economy as a subsystem of Earth's larger ecosystem, and by emphasizing the preservation of natural capital, the field of ecological economics is differentiated from environmental economics, which is the mainstream economic analysis of the environment. One survey of German economists found that ecological and environmental economics are different schools of economic thought, with ecological economists emphasizing strong sustainability and rejecting the proposition that physical (human-made) capital can substitute for natural capital.

Overconsumption describes a situation where a consumer overuses their available goods and services to where they can't, or don't want to, replenish or reuse them. In microeconomics, this may be described as the point where the marginal cost of a consumer is greater than their marginal utility. The term overconsumption is quite controversial in use and does not necessarily have a single unifying definition. When used to refer to natural resources to the point where the environment is negatively affected, it is synonymous with the term overexploitation. However, when used in the broader economic sense, overconsumption can refer to all types of goods and services, including manmade ones, e.g. "the overconsumption of alcohol can lead to alcohol poisoning". Overconsumption is driven by several factors of the current global economy, including forces like consumerism, planned obsolescence, economic materialism, and other unsustainable business models and can be contrasted with sustainable consumption.

A green economy is an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus. The 2011 UNEP Green Economy Report argues "that to be green, an economy must not only be efficient, but also fair. Fairness implies recognizing global and country level equity dimensions, particularly in assuring a Just Transition to an economy that is low-carbon, resource efficient, and socially inclusive."

<span class="mw-page-title-main">Herman Daly</span> American economist (1938–2022)

Herman Edward Daly was an American ecological and Georgist economist and professor at the School of Public Policy of University of Maryland, College Park in the United States, best known for his time as a senior economist at the World Bank from 1988 to 1994. In 1996, he was awarded the Right Livelihood Award for "defining a path of ecological economics that integrates the key elements of ethics, quality of life, environment and community."

<span class="mw-page-title-main">Steady-state economy</span> Constant capital and population size

A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world. Early in the history of economic thought, classical economist Adam Smith of the 18th century developed the concept of a stationary state of an economy: Smith believed that any national economy in the world would sooner or later settle in a final state of stationarity.

<span class="mw-page-title-main">Lester R. Brown</span> American environmental analyst

Lester Russel Brown is an American environmental analyst, founder of the Worldwatch Institute, and founder and former president of the Earth Policy Institute, a nonprofit research organization based in Washington, D.C. BBC Radio commentator Peter Day referred to him as "one of the great pioneer environmentalists."

Human overpopulation describes a concern that human populations may become too large to be sustained by their environment or resources in the long term. The topic is usually discussed in the context of world population, though it may concern individual nations, regions, and cities.

<span class="mw-page-title-main">Nicholas Georgescu-Roegen</span> Romanian mathematician, statistician and economist (1906–1994)

Nicholas Georgescu-Roegen was a Romanian mathematician, statistician and economist. He is best known today for his 1971 book The Entropy Law and the Economic Process, in which he argued that all natural resources are irreversibly degraded when put to use in economic activity. An esteemed professor and educator in economics, Georgescu-Roegen's work was decisive for the establishing of ecological economics as an independent academic sub-discipline in economics.

In international economics, overdevelopment refers to a way of seeing global inequality and pollution that focuses on the negative consequences of excessive consumption. It is the opposite extreme to underdevelopment.

Degrowth is an academic and social movement critical of the hegemony of economic growth perpetuated by capitalism, and calls for an equitable and democratically-led downscaling of production and consumption in industrialised countries as a means to achieve environmental sustainability, social justice and well-being. Degrowth theory is based on ideas and research from a multitude of disciplines such as economics, economic anthropology, ecological economics, environmental sciences, and development studies. It argues that the unitary focus of modern capitalism on growth, in terms of the monetary value of aggregate goods and services, causes widespread ecological damage and is not necessary for the further increase of human living standards. Degrowth theory has been met with both academic acclaim and considerable criticism.

<span class="mw-page-title-main">Sustainability</span> Goal of people safely co-existing on Earth

Sustainability is a social goal for people to co-exist on Earth over a long time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions : environmental, economic, and social. Many definitions emphasize the environmental dimension. This can include addressing key environmental problems, including climate change and biodiversity loss. The idea of sustainability can guide decisions at the global, national, and individual levels. A related concept is that of sustainable development, and the terms are often used to mean the same thing. UNESCO distinguishes the two like this: "Sustainability is often thought of as a long-term goal, while sustainable development refers to the many processes and pathways to achieve it."

<span class="mw-page-title-main">Green growth</span> Economic growth that is environmentally sustainable

Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is required. As such, green growth is closely related to the concepts of green economy and low-carbon or sustainable development. A main driver for green growth is the transition towards sustainable energy systems. Advocates of green growth policies argue that well-implemented green policies can create opportunities for employment in sectors such as renewable energy, green agriculture, or sustainable forestry.

State of the World 2010: Transforming Cultures: From Consumerism to Sustainability is a report and project conceived and directed by Erik Assadourian, a senior fellow at Worldwatch, and published by the Worldwatch Institute that analyzes the consumer cultural paradigm. It includes 26 articles from 60 eminent researchers and experts on consumerism, sustainability, and cultural change, and provides essential facts and case studies on how societies can transition from consumerism to sustainability. The report has received positive reviews from several esteemed academics, including Bill McKibben, Tim Jackson, Gus Speth, and Muhammad Yunus. It has also been translated into 11 different languages and adjusted for a youth audience.

<i>Prosperity Without Growth</i> 2009 book by Tim Jackson

Prosperity Without Growth is a book by author and economist Tim Jackson. It was originally released as a report by the Sustainable Development Commission. The study rapidly became the most downloaded report in the Commission's nine-year history when it was published in 2009. The report was later that year reworked and published as a book by Earthscan. A revised and expanded edition was published in January 2017.

A sustainability organization is (1) an organized group of people that aims to advance sustainability and/or (2) those actions of organizing something sustainably. Unlike many business organizations, sustainability organizations are not limited to implementing sustainability strategies which provide them with economic and cultural benefits attained through environmental responsibility. For sustainability organizations, sustainability can also be an end in itself without further justifications.

<span class="mw-page-title-main">Eco-economic decoupling</span> Economy able to grow without corresponding increases in environmental pressure

In economic and environmental fields, decoupling refers to an economy that would be able to grow without corresponding increases in environmental pressure. In many economies, increasing production (GDP) raises pressure on the environment. An economy that would be able to sustain economic growth while reducing the amount of resources such as water or fossil fuels used and delink environmental deterioration at the same time would be said to be decoupled. Environmental pressure is often measured using emissions of pollutants, and decoupling is often measured by the emission intensity of economic output.

<span class="mw-page-title-main">Post-growth</span> Beyond optimum economic growth

Post-growth is a stance on economic growth concerning the limits-to-growth dilemma — recognition that, on a planet of finite material resources, extractive economies and populations cannot grow infinitely. The term "post-growth" acknowledges that economic growth can generate beneficial effects up to a point, but beyond that point it is necessary to look for other indicators and techniques to increase human wellbeing.

Sustainable population refers to a proposed sustainable human population of Earth or a particular region of Earth, such as a nation or continent. Estimates vary widely, with estimates based on different figures ranging from 0.65 billion people to 9.8 billion, with 8 billion people being a typical estimate. Projections of population growth, evaluations of overconsumption and associated human pressures on the environment have led to some to advocate for what they consider a sustainable population. Proposed policy solutions vary, including sustainable development, female education, family planning and broad human population planning.

References

  1. Moving Toward Sustainable Prosperity . 2012. ISBN   978-1-61091-037-8.
  2. "Moving toward Sustainable Prosperity" (PDF). Archived from the original (PDF) on 2016-12-11.
  3. "The path to Degrowth in overdeveloped countries" (PDF). Archived from the original (PDF) on 2018-01-23.