De-growth
Encyclopedia
Degrowth is a political, economic, and social movement based on environmentalist
Environmentalist
An environmentalist broadly supports the goals of the environmental movement, "a political and ethical movement that seeks to improve and protect the quality of the natural environment through changes to environmentally harmful human activities"...

, anti-consumerist and anti-capitalist ideas. Degrowth thinkers and activists advocate for the downscaling of production and consumption—the contraction of economies—as overconsumption lies at the root of long term environmental issue
Environmental issue
Environmental issues are negative aspects of human activity on the biophysical environment. Environmentalism, a social and environmental movement that started in the 1960s, addresses environmental issues through advocacy, education and activism.-Types:...

s and social inequalities. Key to the concept of degrowth is that reducing consumption does not require individual martyring and a decrease in well-being. Rather, 'degrowthists' aim to maximize happiness and well-being through non-consumptive means—sharing work, consuming less, while devoting more time to art, music, family, culture and community.

At the individual level, degrowth is achieved by voluntary simplicity. Global solutions, for ‘degrowthists’, involve a relocalization
Localism (politics)
Localism describes a range of political philosophies which prioritize the local. Generally, localism supports local production and consumption of goods, local control of government, and promotion of local history, local culture and local identity...

 of economic activities in order to end humanity's dependence on fossil fuels and reduce its ecological imprint. Degrowth opposes sustainable development
Sustainable development
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

 because, while sustainable development aims to address environmental concerns, it does so with the goal of promoting economic growth which has failed to improve the lives of people and inevitably leads to environmental degradation. In this way, degrowth stands in sharp contrast to current forms of productivist
Productivism
Productivism is the belief that measurable economic productivity and growth is the purpose of human organization , and that "more production is necessarily good".-Arguments for productivism:...

 capitalism that consider the accumulation of capital
Capital (economics)
In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...

 and commodities a desirable end .

Background

The movement arose from concerns over the perceived consequences of the productivism
Productivism
Productivism is the belief that measurable economic productivity and growth is the purpose of human organization , and that "more production is necessarily good".-Arguments for productivism:...

 associated with industrialist societies (whether capitalist or socialist):
  • The reduced availability of energy sources (see peak oil
    Peak oil
    Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, projected reserves and the combined production rate of a field...

    )
  • The declining quality of the environment (see global warming
    Global warming
    Global warming refers to the rising average temperature of Earth's atmosphere and oceans and its projected continuation. In the last 100 years, Earth's average surface temperature increased by about with about two thirds of the increase occurring over just the last three decades...

    , pollution
    Pollution
    Pollution is the introduction of contaminants into a natural environment that causes instability, disorder, harm or discomfort to the ecosystem i.e. physical systems or living organisms. Pollution can take the form of chemical substances or energy, such as noise, heat or light...

    )
  • The decline in the health of flora and fauna, including humans themselves
  • The ever-expanding use of resources by first-world countries to satisfy lifestyles that consume more food and energy, and produce greater waste, at the expense of the third world
    Third World
    The term Third World arose during the Cold War to define countries that remained non-aligned with either capitalism and NATO , or communism and the Soviet Union...

     (see neocolonialism
    Neocolonialism
    Neocolonialism is the practice of using capitalism, globalization, and cultural forces to control a country in lieu of direct military or political control...

    )

Resource depletion

As economies grow, the need for resources grows accordingly. There is a fixed supply of non-renewable resource
Non-renewable resource
A non-renewable resource is a natural resource which cannot be produced, grown, generated, or used on a scale which can sustain its consumption rate, once depleted there is no more available for future needs. Also considered non-renewable are resources that are consumed much faster than nature...

s, such as petroleum
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...

 (oil), and these resources will inevitably be depleted. Renewable resources can also be depleted if extracted at unsustainable rates over extended periods. For example, this has occurred with caviar
Caviar
Caviar, sometimes called black caviar, is a luxury delicacy, consisting of processed, salted, non-fertilized sturgeon roe. The roe can be "fresh" or pasteurized, the latter having much less culinary and economic value....

 production in the Caspian Sea
Caspian Sea
The Caspian Sea is the largest enclosed body of water on Earth by area, variously classed as the world's largest lake or a full-fledged sea. The sea has a surface area of and a volume of...

. There is much concern as to how growing demand for these resources will be met as supplies decrease. Many people look to technology to develop replacements for depleted resources. For example, some are looking to biofuels to meet the demand gap after peak oil
Peak oil
Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, projected reserves and the combined production rate of a field...

. However, others have argued that none of the alternatives could effectively replace versatility and portability of oil.

Proponents of degrowth argue that decreasing demand is the only way of permanently closing the demand gap. For renewable resources, demand, and therefore production, must also be brought down to levels that prevent depletion and are environmentally healthy. Moving toward a society that is not dependent on oil is seen as essential to avoiding societal collapse when non-renewable resources are depleted. "But degrowth is not just a quantitative question of doing less of the same, it is also and, more fundamentally, about a paradigmatic re-ordering of values, in particular the (re)affirmation of social and ecological values and a (re)politicisation of the economy".

Ecological footprint

The ecological footprint is a measure of human demand on the Earth's ecosystems. It compares human demand with planet Earth's ecological capacity to regenerate. It represents the amount of biologically productive land and sea area needed to regenerate the resources a human population consumes and to absorb and render harmless the corresponding waste.

According to a 2005 Global Footprint Network report, inhabitants of high-income countries live off of 6.4 global hectare
Global hectare
The global hectare is a measurement of biocapacity of the entire earth - one global hectare is a measurement of the average biocapacity of all hectare measurements of any biologically productive areas on the planet. If you take the sum of the world's biocapacity, then divide it by the number...

s (gHa), while those from low-income countries live off of a single gHa. For example, while each inhabitant of Bangladesh
Bangladesh
Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...

 lives off of what they produce from 0.56 gHa, a North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...

n requires 12.5 gHa. Each inhabitant of North America uses 22.3 times as much land as a Bangladeshi. Of the 12.5 hectares used by the North American, 5.5 is located in the United States, and the rest is found in foreign countries. According to the same report, the average number of global hectares per person was 2.1, while current consumption levels have reached 2.7 hectares per person.

In order for the world's population to attain the living standards typical of European countries, the resources of between three and eight planet Earth
Earth
Earth is the third planet from the Sun, and the densest and fifth-largest of the eight planets in the Solar System. It is also the largest of the Solar System's four terrestrial planets...

s would be required. In order for world economic equality to be achieved with the current available resources, rich countries would have to reduce their standard of living through degrowth. The eventual reduction of all available resources would lead to a forced reduction in consumption. Controlled reduction of consumption would reduce the trauma of this change.

Degrowth and Sustainable Development

Degrowth thought is in opposition to all forms of productivist
Productivism
Productivism is the belief that measurable economic productivity and growth is the purpose of human organization , and that "more production is necessarily good".-Arguments for productivism:...

 economics. It is, thus, also opposed to sustainable development
Sustainable development
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

. While the concern for sustainability
Sustainability
Sustainability is the capacity to endure. For humans, sustainability is the long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of union, an interdependent relationship and mutual responsible position with all living and non...

 does not contradict degrowth, sustainable development is rooted in mainstream development
International development
International development or global development is a concept that lacks a universally accepted definition, but it is most used in a holistic and multi-disciplinary context of human development — the development of greater quality of life for humans...

 ideas that aim to increase capitalist growth and consumption. Degrowth therefore sees sustainable development as an oxymoron
Oxymoron
An oxymoron is a figure of speech that combines contradictory terms...

, as any development based on growth in a finite and environmentally stressed world is seen as inherently unsustainable. Since current levels of consumption exceed the Earth's ability to regenerate these resources, economic growth will lead to their exhaustion. Those in favor of sustainable development argue that continued economic growth is possible if consumption of energy and resources is reduced.

Furthermore, growth-based development has been shown to be more effective in expanding social inequality, concentrating wealth in the hands of a few, than in actually generating more wealth and increasing living standards. Critics of degrowth argue that a slowing of economic growth would result in increased unemployment and increase poverty. Many who understand the devastating environmental consequences of growth still advocate for economic growth in the South, even if not in the North. But, a slowing of economic growth would fail to deliver the benefits of degrowth—self-sufficiency, material responsibility—and would indeed lead to decreased employment. Rather, degrowth proponents advocate for a complete abandonment of the current (growth) economic system, suggesting that relocalizating and abandoning the global economy in the Global South would allow people of the South to become more self-sufficient and would end the overconsumption and exploitation of Southern resources by the North.

"The Rebound Effect"

Technologies designed to reduce resource use and improve efficiency are often touted as sustainable or green solutions. However, degrowth opposes these technological advances on the ground of what is referred to as the "rebound effect
Rebound effect (conservation)
In conservation and energy economics, the rebound effect refers to the behavioral or other systemic responses to the introduction of new technologies that increase the efficiency of resource use. These responses tend to offset the beneficial effects of the new technology or other measures taken...

". This concept is based on observations that when less resource-exhaustive technology are introduced, behaviour surrounding the use of that technology will change and consumption of that technology will increase and offset any potential resource savings. In light of the rebound effect, proponents of degrowth hold that the only effective 'sustainable' solutions must involve a complete rejection of the growth paradigm and a move toward a degrowth paradigm.

Origins of the movement

The contemporary degrowth movement can trace its roots back to the anti-industrialist trends of the 19th century, developed in Great Britain by John Ruskin
John Ruskin
John Ruskin was the leading English art critic of the Victorian era, also an art patron, draughtsman, watercolourist, a prominent social thinker and philanthropist. He wrote on subjects ranging from geology to architecture, myth to ornithology, literature to education, and botany to political...

, William Morris
William Morris
William Morris 24 March 18343 October 1896 was an English textile designer, artist, writer, and socialist associated with the Pre-Raphaelite Brotherhood and the English Arts and Crafts Movement...

 and the Arts and Crafts Movement
Arts and Crafts movement
Arts and Crafts was an international design philosophy that originated in England and flourished between 1860 and 1910 , continuing its influence until the 1930s...

 (1819–1900), in the United States by Henry David Thoreau
Henry David Thoreau
Henry David Thoreau was an American author, poet, philosopher, abolitionist, naturalist, tax resister, development critic, surveyor, historian, and leading transcendentalist...

 (1817–1862), and in Russia by Leo Tolstoy
Leo Tolstoy
Lev Nikolayevich Tolstoy was a Russian writer who primarily wrote novels and short stories. Later in life, he also wrote plays and essays. His two most famous works, the novels War and Peace and Anna Karenina, are acknowledged as two of the greatest novels of all time and a pinnacle of realist...

 (1828–1911).

The concept of "degrowth" proper appeared during the 1970s, proposed by the Club of Rome
Club of Rome
The Club of Rome is a global think tank that deals with a variety of international political issues. Founded in 1968 at Accademia dei Lincei in Rome, Italy, the CoR describes itself as "a group of world citizens, sharing a common concern for the future of humanity." It consists of current and...

 think tank and intellectuals such as Nicholas Georgescu-Roegen
Nicholas Georgescu-Roegen
Nicholas Georgescu-Roegen, born Nicolae Georgescu was a Romanian mathematician, statistician and economist, best known for his 1971 magnum opus The Entropy Law and the Economic Process, which situated the view that the second law of thermodynamics, i.e., that usable "free energy" tends to disperse...

, Jean Baudrillard
Jean Baudrillard
Jean Baudrillard was a French sociologist, philosopher, cultural theorist, political commentator, and photographer. His work is frequently associated with postmodernism and post-structuralism.-Life:...

, André Gorz
André Gorz
André Gorz , pen name of Gérard Horst, born Gerhard Hirsch, also known by his pen name Michel Bosquet, was an Austrian and French social philosopher. Also a journalist, he co-founded Le Nouvel Observateur weekly in 1964...

, Edward Goldsmith
Edward Goldsmith
Edward René David Goldsmith , widely known as Teddy Goldsmith, was an Anglo-French environmentalist, writer and philosopher....

 and Ivan Illich
Ivan Illich
Ivan Illich was an Austrian philosopher, Roman Catholic priest, and "maverick social critic" of the institutions of contemporary western culture and their effects on the provenance and practice of education, medicine, work, energy use, transportation, and economic development.- Personal life...

, whose ideas reflect those of earlier thinkers, such as the economist E. J. Mishan
E. J. Mishan
Ezra J. Mishan is an English economist best known for his work criticising economic growth. Between 1956 and 1977 he worked at the London School of Economics where he became Professor of Economics. In 1965, while at the LSE, he wrote his seminal work The Costs of Economic Growth, but was unable to...

, the industrial historian Tom Rolt
L. T. C. Rolt
Lionel Thomas Caswall Rolt was a prolific English writer and the biographer of major civil engineering figures including Isambard Kingdom Brunel and Thomas Telford...

, and the radical socialist Tony Turner
Turner Controversy
The Turner Controversy is a name given to a dispute within the Socialist Party of Great Britain regarding the nature of socialism instigated by Tony Turner...

. The writings of Mohandas Karamchand Gandhi also contain similar philosophies, particularly regarding his support of voluntary simplicity.

More generally, degrowth movements draw on the values of humanism
Humanism
Humanism is an approach in study, philosophy, world view or practice that focuses on human values and concerns. In philosophy and social science, humanism is a perspective which affirms some notion of human nature, and is contrasted with anti-humanism....

, enlightenment
Age of Enlightenment
The Age of Enlightenment was an elite cultural movement of intellectuals in 18th century Europe that sought to mobilize the power of reason in order to reform society and advance knowledge. It promoted intellectual interchange and opposed intolerance and abuses in church and state...

, anthropology
Anthropology
Anthropology is the study of humanity. It has origins in the humanities, the natural sciences, and the social sciences. The term "anthropology" is from the Greek anthrōpos , "man", understood to mean mankind or humanity, and -logia , "discourse" or "study", and was first used in 1501 by German...

 and human rights
Human rights
Human rights are "commonly understood as inalienable fundamental rights to which a person is inherently entitled simply because she or he is a human being." Human rights are thus conceived as universal and egalitarian . These rights may exist as natural rights or as legal rights, in both national...

.

The Club of Rome reports

In 1968, the Club of Rome
Club of Rome
The Club of Rome is a global think tank that deals with a variety of international political issues. Founded in 1968 at Accademia dei Lincei in Rome, Italy, the CoR describes itself as "a group of world citizens, sharing a common concern for the future of humanity." It consists of current and...

, a think tank
Think tank
A think tank is an organization that conducts research and engages in advocacy in areas such as social policy, political strategy, economics, military, and technology issues. Most think tanks are non-profit organizations, which some countries such as the United States and Canada provide with tax...

 headquartered in Winterthur
Winterthur
Winterthur is a city in the canton of Zurich in northern Switzerland. It has the country's sixth largest population with an estimate of more than 100,000 people. In the local dialect and by its inhabitants, it is usually abbreviated to Winti...

, Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

, asked researchers at the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...

 for a report on practical solutions to problems of global concern. The report, called The Limits to Growth, published in 1972, became the first important study that indicated the ecological perils of the unprecedented economic growth the world was experiencing at the time.

The reports (also known as the Meadows Reports) are not strictly the founding texts of the movement, as they only advise zero growth
Zero growth
Zero growth is a theory that all economic activities and policies should be oriented towards achieving a state of equilibrium, a steady state economy....

, and have also been used to support the sustainable development
Sustainable development
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

 movement. Still, they are considered the first official studies explicitly presenting economic growth as a key reason for the increase in global environmental problems such as pollution, shortage of raw materials, and the destruction of ecosystems. A second report was published in 1974, and together with the first, drew considerable attention to the topic.

Nicholas Georgescu-Roegen's thesis

The Romanian
Romanians
The Romanians are an ethnic group native to Romania, who speak Romanian; they are the majority inhabitants of Romania....

 economist Nicholas Georgescu-Roegen
Nicholas Georgescu-Roegen
Nicholas Georgescu-Roegen, born Nicolae Georgescu was a Romanian mathematician, statistician and economist, best known for his 1971 magnum opus The Entropy Law and the Economic Process, which situated the view that the second law of thermodynamics, i.e., that usable "free energy" tends to disperse...

 is considered the creator of degrowth, and its main theoretician. In 1971, he published a book called The Entropy Law and the Economic Process, in which he noted that the neoclassical
Neoclassical economics
Neoclassical economics is a term variously used for approaches to economics focusing on the determination of prices, outputs, and income distributions in markets through supply and demand, often mediated through a hypothesized maximization of utility by income-constrained individuals and of profits...

 economic model did not take into account the second law of thermodynamics
Second law of thermodynamics
The second law of thermodynamics is an expression of the tendency that over time, differences in temperature, pressure, and chemical potential equilibrate in an isolated physical system. From the state of thermodynamic equilibrium, the law deduced the principle of the increase of entropy and...

, by not accounting for the degradation of energy and matter (i.e. increase in entropy
Entropy
Entropy is a thermodynamic property that can be used to determine the energy available for useful work in a thermodynamic process, such as in energy conversion devices, engines, or machines. Such devices can only be driven by convertible energy, and have a theoretical maximum efficiency when...

). He associated every economic activity with an increase in entropy, whose increase implied the loss of useful resources. When a selection of his articles was translated into French in 1979 under the title Demain la décroissance ("tomorrow, degrowth"), it spurred the creation of the movement in France.

Serge Latouche

Serge Latouche
Serge Latouche
Serge Latouche is a French emeritus professor at the University of Paris-Sud and a critic of the consumer society.-Books:...

, a professor of economics at the Paris-Sud 11 University
Paris-Sud 11 University
University of Paris-Sud or University of Paris-Sud or University of Paris XI is a French university distributed among several campuses in the southern suburb of Paris...

, has noted that:

Schumacher and Buddhist Economics

E. F. Schumacher
E. F. Schumacher
Ernst Friedrich "Fritz" Schumacher was an internationally influential economic thinker, statistician and economist in Britain, serving as Chief Economic Advisor to the UK National Coal Board for two decades. His ideas became popularized in much of the English-speaking world during the 1970s...

's 1973 book Small is Beautiful
Small Is Beautiful
Small Is Beautiful: Economics As If People Mattered is a collection of essays by British economist E. F. Schumacher. The phrase "Small Is Beautiful" came from a phrase by his teacher Leopold Kohr...

predates a unified degrowth movement, but nonetheless serves as an important basis for degrowth ideas. In this book he critiques the neo-liberal model of economic development, noting the absurdity of increasing "standard of living", which is based solely on consumption, as the primary goal of economic activity and development. Instead, under what he refers to as buddhist economics
Buddhist economics
Buddhist Economics is a spiritual approach to Economics. It examines the psychology of the human mind and the anxiety,aspirations and emotions that direct economic activity. Its understanding aims to clear the confusion between what is truly harmful and beneficial in Economics and ultimately tries...

, we should aim to maximize well-being while minimizing consumption.

Ecological and social issues

In January 1972 Edward Goldsmith
Edward Goldsmith
Edward René David Goldsmith , widely known as Teddy Goldsmith, was an Anglo-French environmentalist, writer and philosopher....

 and Robert Prescott-Allen—editors of The Ecologist
The Ecologist
The Ecologist is a British environmental publication founded in 1970 by Edward Goldsmith. It addresses a wide range of environmental subjects and promotes an ecological systems thinking approach through its news stories, investigations and opinion articles. The Ecologist encourages its readers to...

journal—published the Blueprint for Survival
Blueprint for Survival
A Blueprint for Survival was an influential environmentalist text that drew attention to the urgency and magnitude of environmental problems....

, which called for a radical programme of decentralisation and de-industrialisation to prevent what the authors referred to as "the breakdown of society and the irreversible disruption of the life-support systems on this planet". Signed by leading scientists of the day, the Blueprint went on to inspire the establishment of environmentalist political parties
History of the Green Party of England and Wales
The Green Party of England and Wales has its roots in the PEOPLE party started in Coventry in 1972/3 by four professional friends . It then changed its name to the more descriptive Ecology Party in 1975, to the Green Party ten years later...

 around the world.

'Buy Nothing Day'

Buy Nothing Day
Buy Nothing Day
thumb|Buy Nothing Day demonstration in [[San Francisco]], November 2000Buy Nothing Day ' is an international day of protest against consumerism observed by social activists. Typically celebrated the Friday after American Thanksgiving in North America and the following day internationally, in 2011...

 occurs on the Friday following Thanksgiving Day
Thanksgiving
Thanksgiving Day is a holiday celebrated primarily in the United States and Canada. Thanksgiving is celebrated each year on the second Monday of October in Canada and on the fourth Thursday of November in the United States. In Canada, Thanksgiving falls on the same day as Columbus Day in the...

 in the United States. This is the unofficial first day of the Holiday shopping season. Typically retail stores offer goods for dramatically reduced prices, prompting consumers to buy more. Buy Nothing Day is a rejection of this unabashed consumption.

Conferences

The movement has also included conferences in Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

,, Barcelona
Barcelona
Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

, and Vancouver
Vancouver
Vancouver is a coastal seaport city on the mainland of British Columbia, Canada. It is the hub of Greater Vancouver, which, with over 2.3 million residents, is the third most populous metropolitan area in the country,...

.

Liberal critique

Supporters of economic liberalism
Economic liberalism
Economic liberalism is the ideological belief in giving all people economic freedom, and as such granting people with more basis to control their own lives and make their own mistakes. It is an economic philosophy that supports and promotes individual liberty and choice in economic matters and...

 believe that economic growth brings about the creation of wealth
Wealth
Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English wela, which is from an Indo-European word stem...

, by increasing employment, improving quality of life, and providing better education and healthcare, in other words, there should be more resources in order to make and improve on more things. From this point of view, degrowth constitutes economic recession and is a destroyer of wealth.

An additional liberal criticism of degrowth is that progress is increasingly linked to knowledge
Knowledge
Knowledge is a familiarity with someone or something unknown, which can include information, facts, descriptions, or skills acquired through experience or education. It can refer to the theoretical or practical understanding of a subject...

 rather than the use of physical resources, and that the progress of technology will solve the world's environmental problems. Free-market environmentalism
Free-market environmentalism
Free-market environmentalism is a position that argues that the free market, property rights, and tort law provide the best tools to preserve the health and sustainability of the environment...

 is a position that argues that most environmental problems are caused by a lack of property rights and the extension of such to include externalities.

Self-regulation of the market

Supporters of the self-regulation of the market believe that if a particular non-renewable resource becomes scarce, the market will limit its extraction via two mechanisms:
  • an increase in price (supply and demand
    Supply and demand
    Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers will equal the quantity supplied by producers , resulting in an...

    )
  • an increase in funding for the development of alternatives (i.e. renewable energy
    Renewable energy
    Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

    , recycling
    Recycling
    Recycling is processing used materials into new products to prevent waste of potentially useful materials, reduce the consumption of fresh raw materials, reduce energy usage, reduce air pollution and water pollution by reducing the need for "conventional" waste disposal, and lower greenhouse...

    , etc.)


This position argues that allowing market forces to take effect is the most rational way of solving the problem, and consider that these forces are more efficient than centralized decision systems (see economic calculation, dispersed knowledge
Dispersed knowledge
In economics, dispersed knowledge is information that is dispersed throughout the marketplace, and is not in the hands of any single agent. All agents in the market have imperfect knowledge; however, they all have a good indicator of everyone else's knowledge and intentions, and that is the...

, tragedy of the commons
Tragedy of the commons
The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting their own self-interest, will ultimately deplete a shared limited resource, even when it is clear that it is not in anyone's long-term interest for this...

). Market capitalism can take advantage of the exploitation of energy sources that were not economically viable 10 or 20 years prior, because under new conditions the required economic growth will necessitate their use.

In response to the theories of Georgescu-Roegen, Robert Solow
Robert Solow
Robert Merton Solow is an American economist particularly known for his work on the theory of economic growth that culminated in the exogenous growth model named after him...

 and Joseph Stiglitz noted that capital and labor can substitute for natural resources in production either directly or indirectly, ensuring sustained growth or at least sustainable development.

Creative destruction

The concept of degrowth is founded on the hypothesis that producing more always implies the consumption of more energy and raw materials, while at the same time decreasing the size of the labor force, which is replaced by machines. This analysis is considered misleading from the point of view that technological progress allows us to produce more with less, as well as provide more services. This is what is known as creative destruction
Creative destruction
Creative destruction is a term originally derived from Marxist economic theory which refers to the linked processes of the accumulation and annihilation of wealth under capitalism. These processes were first described in The Communist Manifesto and were expanded in Marx's Grundrisse and "Volume...

, the process by which the "old" companies from a sector (as well as their costly and polluting technologies) disappear from the market as a result of the innovation in that sector that brings down costs while consuming less energy and raw materials in exchange for increased productivity.

At the same time, this reduction in costs and/or increase in profits increases the ability to save, which simultaneously allows for investment in new advances, which will replace the old technologies.

Marxist critique

Marxists distinguish between two types of growth: that which is useful to mankind, and that which simply exists to increase profits for companies. Marxists consider that it is the nature and control of production that is the determinant, and not the quantity. They believe that control and a strategy for growth are the pillars that enable social and economic development. According to Jean Zin, while the justification for degrowth is valid, it is not a solution to the problem.

Third world critique

The concept of degrowth is viewed as contradictory when applied to lesser-developed countries, which require the growth of their economies in order to attain prosperity. In this sense the majority of supporters of degrowth advocate the attainment of a certain, acceptable level of well-being independent of growth. The question of where the balance lies (i.e. how much the developed nations should degrow by, and how much the developing nations should be allowed to grow), remains open.

Technological critique

Supporters of scientific progress argue that it will solve the problems of energy supply, waste and the reduction of raw materials. This ideology draws inspiration from the Enlightenment
Age of Enlightenment
The Age of Enlightenment was an elite cultural movement of intellectuals in 18th century Europe that sought to mobilize the power of reason in order to reform society and advance knowledge. It promoted intellectual interchange and opposed intolerance and abuses in church and state...

 to develop an optimistic technologist vision. They point to the reduction in the relation between energy consumption and production (or energy intensity
Energy intensity
]Energy intensity is a measure of the energy efficiency of a nation's economy. It is calculated as units of energy per unit of GDP.* High energy intensities indicate a high price or cost of converting energy into GDP....

) over the past twenty years. They propose that research into nuclear energy
Nuclear power
Nuclear power is the use of sustained nuclear fission to generate heat and electricity. Nuclear power plants provide about 6% of the world's energy and 13–14% of the world's electricity, with the U.S., France, and Japan together accounting for about 50% of nuclear generated electricity...

 could provide temporary energy alternatives to the oil crisis
Peak oil
Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, projected reserves and the combined production rate of a field...

, while technologies such as nuclear fusion
Nuclear fusion
Nuclear fusion is the process by which two or more atomic nuclei join together, or "fuse", to form a single heavier nucleus. This is usually accompanied by the release or absorption of large quantities of energy...

 come online.

This argument is contrasted by the data obtained by the Global Carbon Project
Global Carbon Project
The Global Carbon Project was established in 2001. The organisation seeks to quantify global carbon emissions and their causes.The main object of the group has been to fully understand the carbon cycle...

 in 2007, which notes the stagnation in the aforementioned decrease in energy intensity, which is one of the variables of the Kaya identity
Kaya identity
The Kaya identity is an equation relating factors that determine the level of human impact on climate, in the form of emissions of the greenhouse gas carbon dioxide. It states that total emission level can be expressed as the product of four inputs: population, GDP per capita, energy use per unit...

, which tends to show that either the economic downturn, or demographic decline are essential to prevent ecological disaster.

See also

  • Blueprint for Survival
    Blueprint for Survival
    A Blueprint for Survival was an influential environmentalist text that drew attention to the urgency and magnitude of environmental problems....

  • Club of Rome
    Club of Rome
    The Club of Rome is a global think tank that deals with a variety of international political issues. Founded in 1968 at Accademia dei Lincei in Rome, Italy, the CoR describes itself as "a group of world citizens, sharing a common concern for the future of humanity." It consists of current and...

  • Downshifting
    Downshifting
    Downshifting is a social behavior or trend in which individuals live simpler lives to escape from the rat race of obsessive materialism and to reduce the “stress, overtime, and psychological expense that may accompany it.” It emphasizes finding an improved balance between leisure and work and...

  • Edward Goldsmith
    Edward Goldsmith
    Edward René David Goldsmith , widely known as Teddy Goldsmith, was an Anglo-French environmentalist, writer and philosopher....

  • Ezra J. Mishan
    E. J. Mishan
    Ezra J. Mishan is an English economist best known for his work criticising economic growth. Between 1956 and 1977 he worked at the London School of Economics where he became Professor of Economics. In 1965, while at the LSE, he wrote his seminal work The Costs of Economic Growth, but was unable to...

  • Genuine Progress Indicator
    Genuine Progress Indicator
    The genuine progress indicator is an alternative metric system which is an addition to the national system of accounts that has been suggested to replace, or supplement, gross domestic product as a metric of economic growth...

  • Limits to Growth
    Limits to Growth
    The Limits to Growth is a 1972 book modeling the consequences of a rapidly growing world population and finite resource supplies, commissioned by the Club of Rome. Its authors were Donella H. Meadows, Dennis L. Meadows, Jørgen Randers, and William W. Behrens III. The book used the World3 model to...

  • Nicholas Georgescu-Roegen
    Nicholas Georgescu-Roegen
    Nicholas Georgescu-Roegen, born Nicolae Georgescu was a Romanian mathematician, statistician and economist, best known for his 1971 magnum opus The Entropy Law and the Economic Process, which situated the view that the second law of thermodynamics, i.e., that usable "free energy" tends to disperse...


  • Political ecology
    Political ecology
    Political ecology is the study of the relationships between political, economic and social factors with environmental issues and changes. Political ecology differs from apolitical ecological studies by politicizing environmental issues and phenomena....

  • Power Down: Options and Actions for a Post-Carbon World
    Power Down: Options and Actions for a Post-Carbon World
    Power Down: Options and Actions for a Post-Carbon World is a 2004 book by Richard Heinberg in which Heinberg discusses peak Oil and its attendant implications for the global economy...

  • Serge Latouche
    Serge Latouche
    Serge Latouche is a French emeritus professor at the University of Paris-Sud and a critic of the consumer society.-Books:...

  • Simple living
    Simple living
    Simple living encompasses a number of different voluntary practices to simplify one's lifestyle. These may include reducing one's possessions or increasing self-sufficiency, for example. Simple living may be characterized by individuals being satisfied with what they need rather than want...

  • Traditional trades
    Traditional trades
    Traditional trades is a loosely defined categorization of building trades who actively practice their craft in respect of historic preservation, heritage conservation, or the conserving and maintenance of the existing built environment...

  • Transition Movement
    Transition Towns
    Transition Towns is a grassroots network of communities that are working to build resilience in response to peak oil, climate destruction, and economic instability...

  • Uneconomic growth
    Uneconomic growth
    Uneconomic growth, in human development theory, welfare economics , and some forms of ecological economics, is economic growth that reflects or creates a decline in the quality of life. The concept is attributed to the economist Herman Daly, though other theorists can also be credited for the...

  • Wealth, Virtual Wealth and Debt
    Wealth, Virtual Wealth and Debt
    Wealth, Virtual Wealth and Debt is a 1926 book by the Nobel prize-winning chemist Frederick Soddy on monetary policy and society and the role of energy in economic systems....



External links

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