What Zero-Growth Economics Really Means . . . . . Really

Below is a link to a paper (PDF) written by Ted Trainer in 2011. It should be noted that Trainer is considered by many to be a controversial figure for his long-standing opinions favouring utopian, simplistic lifestyles. On the other hand this is a refreshingly honest look at the enormity of both the constellation of crises facing the world and the resistance against attempts to alleviate them.

The radical implications of a zero growth economy – Ted Trainer, 2011

“The magnitude and seriousness of the global resource and environmental problem is not generally appreciated. Only when this is grasped is it possible to understand that the social changes required must be huge, radical and far reaching”.

Another criticism of Ted Trainer is that he writes in a way that will almost guarantee his ideas will be rejected by the majoity of people living in a modern, industrial society. This is probably true but since most writers on this subject, including scientists, water down their language and by extension the seriousness of their ideas in an attempt to retain their audience the apparent scale of the problems is diminished, citizen understanding is crippled and the need for a response by those empowered to make change evaporates. In short, someone has to tell it like it is!

“Our society is grossly unsustainable – the levels of consumption, resource use and ecological impact we have in rich countries like Australia are far beyond levels that could be kept up for long or extended to all people. Yet almost everyone’s supreme goal is to increase material living standards and the GDP and production and consumption, investment, trade, etc., as fast as possible and without any limit in sight. There is no element in our suicidal condition that is more important than this mindless obsession with accelerating the main factor causing the condition”.

One of the growing set of tepid responses to Anthropogenic Climate Change is the use of carbon credits which can be traded in a market and transfer one industry’s excess emissions to another which, often for completely circumstantial reasons, is not emitting up to it’s quota. This is the quintessential example of “When you are a hammer, everything looks like a nail” and should also remind us of Einstein’s warning not to use the tool that caused the problem to try to fix it. If you read the paper, you will note that markets are on the things-to-be-eliminated list.

I had been looking for a reasonably comprehensive description of a zero-growth or steady-state economy and this is the best I have found so far. It helps that it corroborates my own thinking about how an economy can actually serve the Earth and the majority of those who use it, rather that serving a tiny minority and causing gross inequity.


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