The economics of degrowth
Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a de...
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| Veröffentlicht in: | Ecological economics 2012-12, Vol.84, p.172-180 |
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| container_title | Ecological economics |
| container_volume | 84 |
| creator | Kallis, Giorgos Kerschner, Christian Martinez-Alier, Joan |
| description | Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a degrowing economy? And under what plausible socio-political conditions could such grand changes happen? Standard economic theories and models ignore these questions. For them economic growth is an axiomatic necessity. This article reviews recent contributions in the economics of degrowth and identifies research avenues for ecological economists.
► The case for degrowth. ► Institutional and policy options. ► The politics of degrowth. |
| doi_str_mv | 10.1016/j.ecolecon.2012.08.017 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0921-8009 |
| ispartof | Ecological economics, 2012-12, Vol.84, p.172-180 |
| issn | 0921-8009 1873-6106 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_1322743538 |
| source | PAIS Index; Elsevier ScienceDirect Journals |
| subjects | Debt Degrowth Ecological macroeconomics Ecology Economic development Economics Economists Employment Happiness Money Production Property Public debts |
| title | The economics of degrowth |
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