Prosperity Without Growth: Economics For A Finite Planet

Prosperity Without Growth: Economics For A Finite Planet

3.93 of 5 stars 3.93  ·  rating details  ·  302 ratings  ·  55 reviews
Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson, a top sustainability adviser to the UK government, makes a compelling case against continued economic growth in developed nations.

No one denies that development is essential for poorer nations. But in...more
Hardcover, 264 pages
Published by Earthscan Publications (first published 2009)
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Remi van Beekum
Als je kinderen hebt of wilt, geïnteresseerd bent in de toekomst, in politiek, of in economie, of als je gewoon verder denkt en kijkt dan de aankomende paar jaar, dan is dit boek een must-read.

Onze economie is gebaseerd op structurele groei, terwijl de aarde niet groeit. Dus tenzij we ineens op Mars gaan wonen, kan iedereen zien aankomen dat de grondstoffen op raken en het hele economische systeem in elkaar zal donderen (binnen enkele decennia zoals het nu lijkt). We zien dat met de huidige eco...more
Kevin Zeck
Too many big words strung together to form too many over long sentences. But that said, the authors make a couple of really good points. First, growth-based capitalism is like running on an ever accelerating treadmill. It's an inherently chaotic system we can't keep up with. Second, growth-based capitalism requires significant resource consumption, which is becoming problematic given the world's population and desire to emulate Western-lifestyles. Third, growth-based economics forces us to sacri...more
John
This is an important, serious but ultimately disappointing book. Important because it grapples with the vital task of how to redefine economics in a world of limited resources and an ever more damaged climate. Serious, because it approaches the task stage by stage, confronting some of the important issues which any change of this magnitude must face. But disappointing, because it still leaves us dangling, wondering exactly what a society which adopted this completely different set of objectives...more
Todd Wheeler
A challenging book and one not easily accessible as a casual read. The premise is stated early on:
"The possibility that humans can flourish, achieve greater social cohesion, find higher levels of well-being, and still reduce their material impact on the environment is an intriguing one." p.47

Yes indeed. However, it takes most of the book to get to that point. The author spends a great deal of time debunking the current model of capitalistic growth used in many Western developed countries as well...more
Jani-Petri
I actually read the pdf version that is online, but most likely the book is very similar. I think this was interesting and it is remarkable that it kept me reading even though I tend to lose patience with "degrowth" gospels (too naive, too coarse, poorly informed in some issues, too ideologically constrained and too convinced about the "Truth" even when ignorance is apparent). Jackson explains well why we need growth and discusses clearly what it might take to transform a society into a steady s...more
Routledge Economics
This is a worthy addition to the roster of post-crisis "trade" economics books (see also Nouriel Roubini, Paul Mason, John Lanchester and others), concentrating as it does on the very concept that fostered economics as a discipline in the first place - that of resource scarcity.

There is now a considerable literature that argues for an alternative to Gross Domestic and Gross National Product as measures of wellbeing and this goes all the way back to Victor Anderson's Alternative Economics Indica...more
getAbstract
Cogent argument for sustainable growth

Gross domestic product (GDP) is a common measure of economic growth. But GDP fails to account fully for the ecological damage that growth wreaks. By prioritizing economic growth, societies based on capitalism permit excessive consumption of oil and other finite natural resources. Growth promotion, for example, has led to an orgy of deregulation that is depleting vital resources and compromising air and water quality. One of the 21st century’s major challenge...more
Guy
Uninspiring.

The goal is worthy, of course. In a finite world nothing can grow larger for ever... neither lemming nor human population numbers, neither global oil production nor GDP. In our case the end of growth seems likely to come sooner rather than later, given that we are already in ecological overshoot, about to be confronted with peak fossil fuels, and with catastrophic climate change a few decades away if we continue with Business As Usual. So, we can either think about what growth is su...more
Brian
An important and much cited book on sustainability circles. However, it covers little new ground. Much is based on the Club of Rome's [i]Limits to Growth[/i], some of the modeling is based on Herman Daly's [i]Steady State Economy[/i], both 40 years old. Sure, he introduces new data and confirms that the same disturbing trends continue. There are a few relevant studies cited that show material wealth is not the same as happiness, and his summary of what really matters to people more than money dr...more
Duncan
In this book, Tim Jackson discusses the complete unsustainability of the current economic paradigm and the kind of changes that could put us back on track towards sustainability.

We live on a planet with finite resources. Known reserves of many fossil fuels, metals and minerals are running low - and our use of these resources is increasing quickly as the human population shoots up towards 9 billion and many of those people aspire to levels of affluence similar to those found in the Western world...more
Paul
Although, as a longtime environmentalist, I'm a member of the choir that this author is preaching to, I found myself resisting much of what he was saying, and I certainly could not imagine that a gung-ho, pro-growth, climate-change skeptic would be moved by the arguments presented in this book. My main takeaway was the realization of just how far apart people can be who are supposedly on the same team.

For one thing I had problems with the style and presentation of the book. The heavy use of sent...more
Daniel
"What can prosperity look like in a finite world, with limited resources and a population expected to exceed 9 billion people within decades?" This is the question Tim Jackson seeks to explore in "Prosperity without Growth: Economics for a Finite Planet."

Tim Jackson gives an account of economic thinking in its present context, refutes arguments in favor of the status quo and provides a new sustainable economic model. Jackson explains that irreversible climate change is decades away and that an...more
Teel
Clearly not intended to be an inspiring, easy, or "popular" book (esp. re: pop culture, mainstream readers), but more a critical analysis of a set of problems most people, many economists, and far too many politicians & business leaders are either unaware of or trying desperately to ignore, Prosperity Without Growth is an invaluable starting point for a broad social and political discussion we, humanity, need to begin seriously having - and acting upon.

I personally had already internalized m...more
Kate
A useful explanation of where humanity is going wrong with it's fulsome embrace of unlimited economic growth, but the solution was not fully explained and was not written in a particularly inspiring fashion. The problem is there, we really need a solution.

What would a transitional world look like, how could it operate, how can people still lead fulfilling lives without the economic treadmill of "more, more, more" consumption which isn't making us happier. Consumerism is like a drug or fast food....more
Daniel Sepulveda
This book exposes a topic which should become increasingly prevalent in our everyday conversations. The way in which humankind should prosper is bound to change dramatically due to difficulties and natural boundaries which our forefathers did not take into account. However, an explosive increase in the human population, as well as increasing energy requirements are conforming a very uncomfortable overall picture of the environment we have come to deliver for ourselves and for the generations tha...more
Bcbobe
This is a fantastic book. It really addresses major problems in society on both a policy level and psychological level. There are many deeper problems that Jackson avoids; however, I think that played to the book's advantage. He kept it simple and enjoyable while still identifying key issues in society: a society that creates materialistic citizens lacking in "prosperity" perpetuated by an economic system demanding growth. "An economy predicated on the perpetual expansion of debt-driven material...more
Kaput
A bit repetitive but its basic message is clear. Current consumption driven growth is incompatible with our need to live within ecological limits. As individuals we receive conflicting messages as we are told of the need to reduce our carbon levels whilst more and more goods are foisted upon us. Also, we might not realise it but having more stuff has not made us more happy. Oh no, it has lead to greater inequality and alienated us from a sense of community.

Some of the statistics it uses to back...more
Leland Beaumont
We are already at or near the ecological limits to growth of our magnificent planet. At the same time the economies of affluent nations, as presently conceived, require continuous growth to avoid collapse into recession and high unemployment. Tim Jackson’s book Prosperity without Growth, examines this paradox in detail and presents a path toward its resolution.

A first step is to examine our definitions of prosperity. A shift away from prosperity pursued as opulence — constantly acquiring new mat...more
Justin
The message is clear and irrefutable. However I found myself often wishing Jackson's book was longer, as it seems to me that in many key areas the details are missing. I realise it was never intended to be a manual to *operationalise* a steady-state economy founded within ecological limits, but I fear that the book will not be terribly convincing for those who aren't already nodding their heads in agreement. Nonetheless, an important and urgently needed work, clearly pointing the direction we ne...more
Cedric Jean-marie
Dec 25, 2012 Cedric Jean-marie rated it 4 of 5 stars
Recommended to Cedric by: Vance Chow
I thoroughly enjoyed this book and have a lot of respect for the authors ability to illustrate his various insights in ways that make the subject matter quite clear without ever going into too much detail as to repeat himself infinitely which can be the case in these types of books.

This book is in my opinion perfectly constructed where often the last subject feeds into the next thus building upon all the previous material as to give you a great understanding of the big picture of developing an e...more
Rob
This is a worthy addition to the roster of post-crisis "trade" economics books (see also Nouriel Roubini, Paul Mason, John Lanchester and others), concentrating as it does on the very concept that fostered economics as a discipline in the first place - that of resource scarcity.

There is now a considerable literature that argues for an alternative to Gross Domestic and Gross National Product as measures of wellbeing and this goes all the way back to Victor Anderson's Alternative Economics Indica...more
Terence
“And I am a weapon of massive consumption / And it’s not my fault it’s how I’m programmed to function,” “The Fear,” Lily Allen

NB: I have taken advantage of the “spoiler” tag to append notes and asides that don’t directly bear on this review. The reader may open them or not as he or she pleases.

Coming as it does on the heels of Derrick Jensen’s Endgame: Volume 1: The Problem of Civilization and Herman Daly’s Beyond Growth: The Economics of Sustainable Development, reading Tim Jackson’s Prosperity...more
Sam
If you've ever heard that the planet has more people on it than it can support, we are running out of global resources, or that the problems of poverty and climate change cannot both be solved at once, this is an excellent book to read. It quantitatively shows how we cannot rely on some factors some economists use to dismiss the issues, such as productivity and efficiency improvements, or carbon decoupling.
Alice
Finally! This book should be required reading in Business and Public Policy programs. The author presents a credible alternative to our current growth-obsessed system. Novelty and individualism are not gods. We need a better balance - and the author provides a compelling vision for how our lives could be better if we acheived it. Of course, I still think the U.S. is hopeless; we're so ideologically driven that large segments of the population would automatically close their minds to any discussi...more
Diane
Excellent framing of the economic/ecological world situation, with straightforward suggestions for how to achieve equitable creation and distribution of material necessities, changing employment patterns to become more service based and realizing that unceasing economic growth does not work to the advantage of the earth (and its organisms!), as there is a finite resource base.
Ian
Jul 25, 2011 Ian added it
Shelves: environment
It was better at building a strong argument against our faith in technology driving gains in carbon efficiency as the solution to overcome ecological limits, than at offering coherent solutions for a viable alternative to our growth and consumption driven economy. How can we dismantle the cycle of continuous growth without destabilising modern society - the book offers a starting point for further research, since we don't seem to have the faintest idea at this point.
John Clark
Jan 05, 2010 John Clark marked it as to-read
Recommended to John by: Treehugger
I saw this reviewed on Treehugger today. After seeing Albert Bartlett's lecture on the dangers of sustained growth, I'm very interested in the concept presented by this book, so I've reserved it from my library.
Dimitris Tselios
A very good book with many many data supporting its arguments. Quite strong and convincing on the need for societies to become more cooperative, equal and supportive of social freedom. Lacking analysis of the political situation meaning the split of power within societies. This is the main bottleneck. Governments just reflect that political reality, only a small fraction of the whole society possessing the ultimate power that is money. This bottleneck is also reflected in their unwillingness to...more
G
Very good introduction of the economic aspects of sustainability. clear explanation of the unsustainable aspects of our current economic system. we are bounded by material/ecological limits, which conflicts with a system dependent upon continual growth for survival and "prosperity". while the explanation of the problems are clear and well explained, the proposed solutions are less expounded upon. alternatives - prosperity without growth - is dependent upon understanding ecological limits, fixing...more
bbbbbbrr
The obsession of local and national government, society and economists with perpetual, indefinite growth (population and economically) has bothered me for a long time. There are to main reasons of concern. First, it will subject an already stressed natural environment to further pressure, and also because it seems (mathematically) intractable for growth to go on perpetually. ut if growth stops, what then?This book digs into the topic in a fairly serious, detailed and analytic manner. There are a...more
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