jackson ppt
TRANSCRIPT
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Prosperity without GrowthTim Jackson
26th May 2010
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Rockstrom et al,
Nature 461, Sept
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The Dilemma of Growth
Life Expectancy at Birth
• Growth is unsustainable
IcelandJa an
90
• e-grow s uns a e
NorwayIreland
United StatesUnited Kingdom
ew ea anMaltaChile
Bahrain
Costa RicaCuba
China
80
( y e a r s )
GDP = Labour x LPRussian Federation
Gabon
India
60 c y
a t b i r
t
South Africa
Botswana
Mozambique
50
e
x p e c t a
Swaziland40 L
i f
0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000
GDP per capita (PPP $2005)
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The Dilemma of Growth
Source: Prosper ity wi thout grow th , Tim Jackson (London, Earthscan 2009)
x 130 improvement
CO2/$ < zero by 2100?O2/$ < zero by 2100?
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• shareholder value
Firms
IncomeInvestment Novelty
Spending
Increasingproductivity
Price
Households
• status consumption• a life without shame
Credit
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• Society is locked into an ‘iron cage’ through two
mu ua y re n orc ng ynam cs: econom c
structure and 2) social logic: economic growth is
served by these dynamics, but wellbeing is not
• Government itself is conflicted: its role in
rotectin macro-economic stabilit contrasts with
09/06/2010 its role in defending other social goods.
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• Another prosperity• Another economics
• Another social logic
09/06/2010
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Green technology Service-based
Ecolo ical Investment Ecolo ical Enter rise
• investment targets
• investment ‘ecolo ’
• low carbon/resource light
• service-based• productivity /profitability
•
• contribute to flourishing
•
• role of public sector
• support communities
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, , ,
onsump onGovt spending G
ro uc v y α
Labour L
Net export X
Resources R
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Productivity growth in Europe 1985 - 2005
Ecological Enterprise
Low-carbon, resource efficienteconom c act v t es t at prov e
employment, support communities
and contribute to human
flourishing
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Investment• ecological investment
– investment targets
– investment ecology – role of public sector
• productivity revisited‒ s ar ng wor
‒ creating jobs
‒
Ecological limits
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Consumptivity Δ(CO2/$)
High-end
jobs
Financial
servicesTechnology
Manufact
-uringServices
Social
enterprise
Unpaid
labour Leisure
Productivity Δ($/job)
High-end
jobs
Financial
servicesClean Tech
Resource
Manage-
ment
Green servicesSocial
enterprise
Volunt-
eering
Eco-
leisure
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Ecological Investment Ecological Enterprise
• ecological assets
• support communities
• •
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Economics for a
Ecosystems
Ecological
Ecolo ical
servicesproductivity
enterprise
Participation Capabilities
improved
flourishing
eop e
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Ecolo ical Footste s
Fix the economics
ange e soc a og c
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Ecolo ical Footste s
Establ ish the Lim its .
2. Fiscal Reform for Sustainability
3. Promoting Technology Transfer and Ecosystem Protection
Fix the Econom ics -
5. Investing in jobs, assets and infrastructures6. Increasing financial and fiscal prudence
.
Change the social log ic 8. Sharing the work and improving the work-life balance
9. Tackling systemic inequality
10 Measuring capabilities and flourishing
11 Strengthening human and social capital
12 Reversing the culture of consumerism
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Stability without growth
The role of investmentEmployment and productivity
Public sector sustainability
Consumptivity
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‘ ’
free to imagine other models,another future, another world. It
’
President Sarkozy, September 2009
http://www.earthscan.co.uk/pwg