Prosperity Without Growth: Economics for a Finite Planet

Front Cover
Earthscan, 2009 - Business & Economics - 264 pages

Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson - a top sustainability adviser to the UK government - makes a compelling case against continued economic growth in developed nations.

No one denies that development is essential for poorer nations. But in the advanced economies there is mounting evidence that ever-increasing consumption adds little to human happiness and may even impede it. More urgently, it is now clear that the ecosystems that sustain our economies are collapsing under the impacts of rising consumption. Unless we can radically lower the environmental impact of economic activity - and there is no evidence to suggest that we can - we will have to devise a path to prosperity that does not rely on continued growth.

Economic heresy? Or an opportunity to improve the sources of well-being, creativity and lasting prosperity that lie outside the realm of the market? Tim Jackson provides a credible vision of how human society can flourish ¿ within the ecological limits of a finite planet. Fulfilling this vision is simply the most urgent task of our times.

This book is a substantially revised and updated version of Jackson's controversial study for the Sustainable Development Commission, an advisory body to the UK Government. The study rapidly became the most downloaded report in the Commission's nine year history when it was launched earlier this year.

From inside the book

Contents

Chapter 1 Prosperity Lost
1
Chapter 2 The Age of Irresponsibility
17
Chapter 3 Redefining Prosperity
35
Chapter 4 The Dilemma of Growth
49
Chapter 5 The Myth of Decoupling
67
Chapter 6 The Iron Cage of Consumerism
87
Chapter 7 Keynesianism and the Green New Deal
103
Chapter 8 Ecological Macroeconomics
121
Chapter 11 The Transition to a Sustainable Economy
171
Chapter 12 A Lasting Prosperity
187
Appendices
205
List of Figures Tables and Boxes
217
List of Acronyms and Abbreviations
219
Notes
221
References
241
Index
255

Chapter 9 Flourishing Within Limits
143
Chapter 10 Governance for Prosperity
157

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About the author (2009)

Tim Jackson is Economics Commissioner on the UK Sustainable Development Commission. He is also Professor of Sustainable Development at the University of Surrey and Director of the ESRC Research Group on Lifestyles, Values and Environment (RESOLVE). In addition to his scientific work, Tim is an award-winning dramatist with numerous BBC radio writing credits to his name.For links to Tim Jacksonâs TEDTalk and related articles, blogs and resources visit www.earthscan.co.uk/pwg

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