How%20I%20learned%20to%20stop%20worrying%20and%20love%20the%20end%20of%20Growth

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Regeneration . . . or

• How I learned to stop worrying and love the end
  of Growth

2
Prosperity without Growth?

• Sustainable Development Commission suggested
  flourishing within limits
• And was promptly abolished
• Economics should focus on Better, not More

3
OBR Britain is Bust!
4
Impact of the banking crisis on growth
5
Getting and spending we lay waste our powers
Wordsworth

• As a nation we are already so rich that
  consumers are under no pressure of immediate
  necessity to buy a very large share perhaps as
  much as 40 per cent of what is produce, and the
  pressure will get progressively less in the years
  ahead. But if consumers exercise their option not
  to buy a large share of what is produced, a great
  depression is not far behind.
• A McGraw-Hill executive writing in Advertising
  Age in 1955

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CO2 emissions associated with UK consumption 1990
to 2009 (Defra)
7
Who has been growing richer?
8
Climate impact of increasing wealth
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An Unbalanced Economy
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A Job-Producing Recession
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Green Shoots of a Green Economy?

• Job-sharing and shorter working hours
• Women (and men) deciding to look after children
• In crisis-hit Greece a return to the land

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Contraction and Convergence

• The wealthy are defending the value of their
  assets
• The wealthiest 5 gained the most from
  quantitative easing
• The end of growth emphasises the need for greater
  equality

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• Economics as Re-embedding
• Land, Liberty and the Pursuit of Happiness
• Falling in love with your native soil

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Find out more

• www.greeneconomist.org
• gaianeconomics.blogspot.com
• Green Economics An
• Introduction to Theory, Policy
• and Practice (Earthscan, 2009)
• Environment and Economy
• (Routledge, 2011)