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Tim Jackson

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Tim Jackson

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Tim Jackson

Consumer capitalism is unsustainable in environmental, social and even in financial terms. This chapter explores the ramifications of the combined crises now faced by the prevailing growth-based model of economics. It traces briefly the evolution of western notions of progress and in particular it critiques the very narrow view of human nature on which these notions were built. A wider and more realistic view of human nature allows us to recover more robust meanings of prosperity and to establish the foundations for a different kind of economy. The chapter explores these foundations. It pays a particular attention to the nature of enterprise, the quality of work, the structure of investment and the role of money. It develops the conceptual basis for social innovation in each of these areas, and provides empirical examples of such innovations. The aim is to demonstrate that the transition from an unsustainable consumerism to a sustainable prosperity is precise, meaningful, definable and pragmatic task.

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Prosperity without growth

Forging a Path to Sustainable Development

Tim Jackson

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Tim Jackson

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Tim Jackson

To assess options for managing without growth, LowGrow SFC is used to generate three scenarios: a base case which projects recent trends and relationships, a GHG reduction case with several measures to reduce GHG emissions, and a sustainable prosperity case with additional measures to reduce income inequality and reduce working time. In the sustainable prosperity scenario, economic growth slows and then ceases over the period 2017 to 2067. LowGrow SFC is a system dynamics model broadly representative of the Canadian economy. It includes a sub-model of the electric power system and is stock-flow consistent. The performance of the model is tracked by several indicators including a synthetic sustainable prosperity index which declines precipitously in the base case, declines modestly in the GHG reduction scenario, and increases steadily in the sustainable prosperity scenario. The chapter concludes with an assessment of whether the scenarios are compatible with capitalism.

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Tim Jackson, Wanger Jager and Sigrid Stagl

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Edited by Michael Peters, Shane Fudge and Tim Jackson

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Edited by Michael Peters, Shane Fudge and Tim Jackson

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Low Carbon Communities

Imaginative Approaches to Combating Climate Change Locally

Edited by Michael Peters, Shane Fudge and Tim Jackson

Community action is a vital strategy in the fight against climate change and has increasingly informed government policy, academic inquiry and grassroots action since the start of this century. This timely and engaging volume explores both the promise of community-based action in tackling climate change and some of its limitations.