Businesses need stability; capitalism creates chaos
Double materiality between climate and business is deepening in real time. A scan of past headlines tells of rising awareness, failing action and a capitalism increasingly unfit for the challenges it faces. If trends continue, businesses will inevitably transition to an alternative stabilising economic operating system, the shape of which…
Keep readingProsperous economic activity, not growth
Every time you read, write or begin to say the phrase “economic growth”, swap it out for the phrase “economic activity”. It will cause you to think differently about what is being suggested. You’ll ask: economic activity involving whom, using what, doing what, to create what, to achieve what, for…
Keep readingA Post-Growth Nature-Positive Aotearoa
An Oct 2024 report by EY NZ and WWF NZ, A Nature Positive Aotearoa, argues that a rapid, major boost to nature protection would contribute to long-term net GDP growth. However, there’s much in the report to support further thinking through a degrowth/post growth lens. NZ is in crisis with…
Keep readingThe Ill Logic of Addressing Climate Change to Save Growth While Growth Destroys Nature
The current global economic growth model is increasingly at odds with the environmental and climate realities we face. Tackling climate change in growth settings will inevitably result in nature losses, which are not being adequately accounted for—a recent BCG report being a prime example. Climate change solutionism generates false optimism,…
Keep readingPost-Growth Science Explained
The timing could not be sweeter for a new paper—Post-growth: the science of wellbeing within planetary boundaries—from the leaders of post-growth thinking, providing an overview of the current research. With concerns rising that economic growth in high income nations is not sustainable, socially beneficial or even economically achievable, post-growth research…
Keep readingA Change in Building, By Design
Housing has become an expensive asset and a key pillar of capitalism, where profitability reigns—leaving some people in substandard homes or without a home at all. Instead, the building industry needs to see itself as part of a system for provisioning shelter—satisfying a human need—rather than a developer of housing…
Keep readingNZCCBC24: Reflections through a Post-Growth Lens
The New Zealand Climate Change and Business Conference is targeted at business professionals working on climate issues. I was invited to present a post-growth economics and enterprise perspective in a panel on A Thriving Economy Within Planetary Boundaries. There was a flurry of social media posts during the conference, all…
Keep readingWe Need Degrowth Energy Scenarios
Degrowth responds directly to climate change and other sustainability and wellbeing issues, affecting energy and resource use. It is crucial not to overlook it when developing climate scenarios for the energy sector. The Aotearoa New Zealand Ministry of Business, Innovation and Employment (MBIE) has released Electricity Demand and Generation Scenarios,…
Keep readingThe Huge Water and Energy Costs of AI
Sustainability reports from Google and Microsoft indicate they are struggling on climate action, with both companies citing expansion of data centres for AI, which have high energy and water demands, coupled with a scarcity of renewable energy. Is AI so profitable they are willing to forego environmental goals? Or do…
Keep readingSLIM Lifestyles: Narratives for Climate Models
Narratives properly explaining the various approaches to sustainable lifestyles have been missing from climate modelling. Now, European researchers have developed the SLIM (Sustainable Living in Models) scenarios, offering four lifestyle narratives for long-term climate mitigation, designed to be easily incorporated into Integrated Assessment Models (IAMs). Previously, IAMs have used simplified…
Keep readingThe Heterogeneity of Affluence
There’s a tendency in post-growth thinking to assume the global affluent are somewhat homogeneous. A study on global values reveals strong divergence, even in a modernising and globalising world, with the greatest divergence around emancipatory values. This has implications for advocating sustainability to affluent people around the world. Researchers Joshua…
Keep readingOh, Girona!
Ground-breaking news on two fronts: Girona is the first city in Spain to explore degrowth AND a master’s of degrowth programme is going to be delivered alongside the municipal administration. An agreement has just been signed between the City Council, the University of Girona, Dark Matter Labs and Research &…
Keep readingGrowth is No Longer an Answer
In her recent address to the Auckland Business Chamber titled “Growth is the Answer”, New Zealand Finance Minister Nicola Willis acknowledges low-growth projections, imploring businesspeople to lean in on the government’s growth agenda. However, this fails to grasp the essence of entrepreneurship, which is rooted in autonomy. Entrepreneurs are never…
Keep readingA Survey of Perceptions of Degrowth in the European Parliament
A survey of MEPs by degrowth scholars Giorgos Kallis, Riccardo Mastini and Chritstos Zografos has uncovered some interesting data on opinions, shedding light on the growth dependency within institutions, such as the European Parliament, that makes them resistant to change, despite preferences for change within. Their paper in Nature describes…
Keep readingWho is afraid of Degrowth? A brilliant graphic book by Céline Keller
There is so much to love in this graphic book by Céline Keller smashing the myths about degrowth, filled with quotes from the who’s who of both growth and degrowth worlds, juxtaposing their views and really exposing the absurdity of many of the ideas that are taken for granted and…
Keep readingSetting Limits to Growth: a handbook for post-growth start-ups
“Setting Limits to Growth” is a new handbook for aligning start-ups and SMEs with post-growth thinking, based on a self-case study of its writers’ own business, Post Growth Guide, a post-growth-aligned start-up educating about post-growth business. How’s that for meta! Post Growth Guide (PGG) dovetails with founders’ other business, an…
Keep readingWho’s Publishing Business Degrowth Research?
The nascent trans-disciplinary topic of business degrowth must find a home where it can cross-pollinate to form new strands of management scholarship. Much of the literature in the field of degrowth lands in the Journal of Cleaner Production. But degrowth business management literature needs to land where business scholars can…
Keep readingDe Gruyter Handbook of Degrowth
A rich, new tome on degrowth has just been published. Congrats to the eds and authors, some of whom I truly admire. But I have a big concern. Searching the book for the words ‘business’ and ‘enterprise’ to see how the authors tackle these, it appears that the degrowth community’s…
Keep readingPost-Growth Infrastructure: Let The People Decide
Infrastructure decision making needs to flow from community decision makers to financiers, not the other way round. Direct democracy models must ensure that communities have access to a diverse array of experts, including futurists in touch with realistic scenarios around sufficiently meeting the basic needs of future generations and the…
Keep readingRethinking the Global Sustainability Agenda
Let’s think about the sustainability agenda and goals such as eradicating hunger and poverty. Are they the right goals? By focusing on the effects, are we ignoring the causes and therefore the alternatives that we could be building? An article in Nature (4 July 2023) has pulled together some of…
Keep readingWelcome to Degrowth Max Rashbrooke
Max Rashbrooke is a public intellectual in New Zealand, regularly commenting on issues of inequality, wealth, poverty, taxation and democracy. With his 6 May 2023 article on degrowth in Stuff, he appears to have dipped his toe into the waters of degrowth and found them not quite inviting enough to…
Keep readingA 4-Step Plan for a Post Growth-Ready New Zealand
There is a plausible future in which economic growth is too hard – or undesirable – and is dropped as a economic goal. Instead, distributive and regenerative factors would be emphasised in business and policymaking to enhance wellbeing and nature as new economic priorities. Economics would become socio-ecological. You might…
Keep readingIPCC Gives Mainstream Economics A Free Pass
The IPCC report, issued on 20 March 2023, is an invaluable synthesis of climate science; however, there is a fundamental issue with IPCC reports in general. They communicate climate science using language that is also used by mainstream economists, such as modelling, equilibrium, financial flows, market barriers, leverage, costs and…
Keep readingCool the Extraction Jets
If only our politicians and media were as fixated with wellbeing and environmental growth on a quarterly basis as they are with financial growth. If only we had an environment governor who could intervene to “cool the jets” on materials extraction, waste and pollution in the way our Reserve Bank…
Keep readingDegrowth-Oriented Value Creation
An important new paper on degrowth-oriented business value creation has just been published. We all understand how businesses create value in the growth paradigm – business models organise activities to enable strategies of efficiency, expansion and innovation to create products and services that increase material and financial wealth for stakeholders.…
Keep readingNew Zealand’s Growth Nostalgia
New Zealanders’ enduring relationship with GDP growth as an economic goal is nostalgic, traceable to the 1960s and a fall in the price of wool. Growth goals have reflected who we are as a nation. We are strivers through thick and thin. Looking forward, however, GDP growth would be misplaced…
Keep readingIf the Market and the State Cannot Provide Affordable, Sustainable Housing in Australia, Perhaps ‘Housing for Degrowth’ Can.
Having access to adequate housing is a human need and human right. Everyone deserves to have a home. In Australia, residential buildings are provided either by the market as private housing or by the state as social housing. Yet, modest income households are falling into a gap between them. Furthermore,…
Keep readingReview: Underland by Robert Macfarlane
In this first ever guest post for Heliocene, New Zealand writer Frances Palmer presents a deeply inquisitive review of Underland by Robert Macfarlane. Reaching into its text and its subtexts, she compels us not only to read the book but, more importantly, to understand why it has been written. Macfarlane,…
Keep readingWomen’s Work: What’s It Worth?
Morocco footballers celebrated their World Cup successes first with their mums, recognising the daily support their mothers give them. This is analogous to the whole economy, momentarily giving visibility to the fact that women everywhere bear the burden of care work. The economy doesn’t only consist of goods and services…
Keep readingDegrowth and Labour Solidarity
Political geography professor Matthew Huber argues that degrowth is middle class environmentalism and cannot hope to connect with the working class. Degrowth intellectual Jason Hickel responds, echoing environmentalist Chico Mendes, who said that “ecology without class struggle is just gardening”. He writes that “degrowth is justice” and that recognising this…
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