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Forum 2009

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  • Joan Martinez Alier

Abstract

type="main" xml:lang="en"> Economic growth is not compatible with environmental sustainability. The effort to push up the rate of growth by increasing obligations to repay financial debts is in direct conflict with the availability of exhaustible resources and with the capacity of waste sinks. The economic crisis of 2008–09 has resulted in a welcome change to the totally unsustainable trend of increasing carbon dioxide emissions. The Kyoto Protocal of 1997 was generous to the rich countries, giving them property rights on the carbon sinks and the atmosphere in exchange for the promise of a reduction of 5 per cent of their emissions relative to1990. This modest Kyoto objective will be fulfilled more easily because of the economic crisis. This shows that economic de-growth, leading to a steady state, is a plausible objective for the rich industrial economies. This would be supported by the environmental justice movements of the South, which are active in resource extraction conflicts.

Suggested Citation

  • Joan Martinez Alier, 2009. "Forum 2009," Development and Change, International Institute of Social Studies, vol. 40(6), pages 1099-1119, November.
    • Handle: RePEc:bla:devchg:v:40:y:2009:i:6:p:1099-1119
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    File URL: http://hdl.handle.net/10.1111/j.1467-7660.2009.01618.x
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    1. Herman E. Daly, 1980. "The Economic Thought of Frederick Soddy," History of Political Economy, Duke University Press, vol. 12(4), pages 469-488, Winter.
    2. Herman E. Daly, 2007. "Ecological Economics and Sustainable Development, Selected Essays of Herman Daly," Books, Edward Elgar Publishing, number 12606.
    3. Hornborg, Alf, 1998. "Towards an ecological theory of unequal exchange: articulating world system theory and ecological economics," Ecological Economics, Elsevier, vol. 25(1), pages 127-136, April.
    4. Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, vol. 59(3), pages 282-297, June.
    5. Herman E. Daly, 1968. "On Economics as a Life Science," Journal of Political Economy, University of Chicago Press, vol. 76(3), pages 392-392.
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    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Schools of Economic Thought, Epistemology of Economics > Heterodox Approaches > Ecological Economics > Degrowth

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