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Sozialalmanach - Caritas Luxembourg

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Prosperity without Growth<br />

T i m J A C k s o n<br />

This chapter is a summary of Prosperity without Growth – economics for a finite planet<br />

published by Earthscan in 2009 1 . The book was a revised and expanded version of Tim<br />

Jackson’s report for the Sustainable Development Commission, an advisory body to the<br />

UK governments.<br />

Paradise Lost?<br />

Every society clings to a myth by which it lives. Ours is the myth of economic growth.<br />

For the last five decades the pursuit of growth has been the single most important policy<br />

goal across the world. The global economy is almost 5 times the size it was half a century<br />

ago. If it continues to grow at the same rate that it has done, the economy will be 80 times<br />

that size by the year 2100.<br />

This extraordinary ramping up of global economic activity is without historical<br />

precedent. It appears to be totally at odds with our scientific knowledge of the finite<br />

resource base and the fragile ecology on which we depend for survival. And it has already<br />

been accompanied by the degradation of an estimated 60% of the world’s ecosystems.<br />

For the most part, we tend to avoid the stark reality of these numbers. The conventional<br />

formula for achieving prosperity relies on the continued pursuit of economic growth: higher<br />

incomes will increase wellbeing and lead to prosperity for all, in this view.<br />

The default assumption is that – financial crises aside – growth will continue indefinitely.<br />

Not just for the poorest countries, where a better quality of life is essential, but even for<br />

the richest nations. Even where the cornucopia of material wealth is beginning to threaten<br />

the foundations of our wellbeing.<br />

The reasons for this collective blindness are easy enough to find. The modern economy<br />

is structurally reliant on economic growth for its stability. When growth falters – as it has<br />

done recently – politicians panic. Businesses struggle to survive. People lose their jobs and<br />

1 See www.earthscan.co.uk/pwg for further details (NDé: La version française « Prospérité sans croissance »<br />

vient de paraître chez De Boeck).<br />

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