IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v69y2010i11p2271-2278.html
   My bibliography  Save this article

Can de-growth be considered a policy option? A historical note on Nicholas Georgescu-Roegen and the Club of Rome

Author

Listed:
  • Levallois, Clément

Abstract

At a few months' interval, Georgescu-Roegen's The Entropy Law and the Economic Process (1971) and Club of Rome's Limits to Growth (1972) were published. Both emphasized the dangers of economic growth, and both drew negative reactions from mainstream economists. Relying on archival evidence, we show that Georgescu-Roegen and the Club of Rome developed strategies of mutual support, which would present them at first view as natural allies. Georgescu-Roegen actually became a member of the Club of Rome, while Dennis Meadows acknowledged the influence of Georgescu-Roegen's ideas on the team of authors of Limits to Growth. But in the late 70's, the gap widened between Georgescu-Roegen's adamant defense of de-growth, and the Club of Rome's less firm view of "sustainable growth." This paper explores the process leading to the self-isolation of Georgescu-Roegen, by showing that beyond a shared acknowledgment that economic and biologic systems were interdependent, technological optimism and ambitions for the global management of growth were central to the Club of Rome, while Georgescu-Roegen's personal history led him to ignore those practicalities and judge that de-growth was inescapable.

Suggested Citation

  • Levallois, Clément, 2010. "Can de-growth be considered a policy option? A historical note on Nicholas Georgescu-Roegen and the Club of Rome," Ecological Economics, Elsevier, vol. 69(11), pages 2271-2278, September.
  • Handle: RePEc:eee:ecolec:v:69:y:2010:i:11:p:2271-2278
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921-8009(10)00258-2
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John Gowdy & Susan Mesner, 1998. "The Evolution of Georgescu-Roegen's Bioeconomics," Review of Social Economy, Taylor & Francis Journals, vol. 56(2), pages 136-156.
    2. Ropke, Inge, 2004. "The early history of modern ecological economics," Ecological Economics, Elsevier, vol. 50(3-4), pages 293-314, October.
    3. R. M. Solow, 1974. "Intergenerational Equity and Exhaustible Resources," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 29-45.
    4. Fisher, Anthony C & Peterson, Frederick M, 1976. "The Environment in Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(1), pages 1-33, March.
    5. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    6. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
    7. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    8. Daly, Herman E., 1995. "On Nicholas Georgescu-Roegen's contributions to economics: an obituary essay," Ecological Economics, Elsevier, vol. 13(3), pages 149-154, June.
    9. Peterson, Frederick M & Fisher, Anthony C, 1977. "The Exploitation of Extractive Resources: A Survey," Economic Journal, Royal Economic Society, vol. 87(348), pages 681-721, December.
    10. N. Georgescu-Roegen, 1935. "Fixed Coefficients of Production and the Marginal Productivity Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 3(1), pages 40-49.
    11. Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, vol. 59(3), pages 282-297, June.
    12. Philip Mirowski, 1988. "Energy and Energetics in Economic Theory: A Review Essay," Journal of Economic Issues, Taylor & Francis Journals, vol. 22(3), pages 811-830, September.
    13. Steven G. Medema, 1994. "The Myth of two Coases: What Coase Is Really Saying," Journal of Economic Issues, Taylor & Francis Journals, vol. 28(1), pages 208-217, March.
    14. Guido Erreygers, 2009. "Hotelling, Rawls, Solow: How Exhaustible Resources Came to Be Integrated into the Neoclassical Growth Model," History of Political Economy, Duke University Press, vol. 41(5), pages 263-281, Supplemen.
    15. Herman E. Daly, 1968. "On Economics as a Life Science," Journal of Political Economy, University of Chicago Press, vol. 76(3), pages 392-392.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Quentin Couix, 2019. "Natural resources in the theory of production: the Georgescu-Roegen/Daly versus Solow/Stiglitz controversy," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 26(6), pages 1341-1378, November.
    2. Málovics, György & Dombi, Judit, 2015. "A növekedésen túl - egy új irányzat hozzájárulása a fenntarthatósági vitához [Beyond growth - the contribution of a new direction to the debate on sustainability]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 200-221.
    3. Vivien, F.-D. & Nieddu, M. & Befort, N. & Debref, R. & Giampietro, M., 2019. "The Hijacking of the Bioeconomy," Ecological Economics, Elsevier, vol. 159(C), pages 189-197.
    4. Anca Elena Gheorghica, 2012. "The Emergence Of La Decroissance," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(1), pages 60-75, March.
    5. Quentin Couix, 2018. "The role of natural resources in production: Georgescu-Roegen/Daly versus Solow/Stiglitz," Documents de travail du Centre d'Economie de la Sorbonne 18001, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    6. Gennady Shkliarevsky, 2015. "Squaring the Circle: In Quest for Sustainability," Systems Research and Behavioral Science, Wiley Blackwell, vol. 32(6), pages 629-645, November.
    7. Matthias Klumpp, 2016. "To Green or Not to Green: A Political, Economic and Social Analysis for the Past Failure of Green Logistics," Sustainability, MDPI, vol. 8(5), pages 1-22, May.
    8. Matthias Klumpp, 2017. "Do Forwarders Improve Sustainability Efficiency? Evidence from a European DEA Malmquist Index Calculation," Sustainability, MDPI, vol. 9(5), pages 1-33, May.
    9. Matthias Klumpp, 2018. "How to Achieve Supply Chain Sustainability Efficiently? Taming the Triple Bottom Line Split Business Cycle," Sustainability, MDPI, vol. 10(2), pages 1-23, February.
    10. Moon, Wanki, 2011. "Is agriculture compatible with free trade?," Ecological Economics, Elsevier, vol. 71(C), pages 13-24.
    11. Foran, Barney, 2011. "Low carbon transition options for Australia," Ecological Modelling, Elsevier, vol. 223(1), pages 72-80.
    12. repec:jes:wpaper:y:2012:v:4:p:60-75 is not listed on IDEAS
    13. Mohammad Al-Saidi, 2020. "From Economic to Extrinsic Values of Sustainable Energy: Prestige, Neo-Rentierism, and Geopolitics of the Energy Transition in the Arabian Peninsula," Energies, MDPI, vol. 13(21), pages 1-16, October.
    14. Klarin Tomislav, 2018. "The Concept of Sustainable Development: From its Beginning to the Contemporary Issues," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 21(1), pages 67-94, May.
    15. François Allisson & Antoine Missemer, 2020. "Some Historiographical Tools for the Study of Intellectual Legacies," Post-Print halshs-02931492, HAL.
    16. Tokic, Damir, 2012. "The economic and financial dimensions of degrowth," Ecological Economics, Elsevier, vol. 84(C), pages 49-56.
    17. Zacharopoulou, Georgia, 2015. "Diachronic exploitation of landscape resources - tangible and intangible industrial heritage and their synthesis suspended step," SocArXiv 8r3yk, Center for Open Science.
    18. Wolfgang Onyeali & Michael P. Schlaile & Bastian Winkler, 2023. "Navigating the Biocosmos: Cornerstones of a Bioeconomic Utopia," Land, MDPI, vol. 12(6), pages 1-32, June.
    19. Jesus Ramos-Martin, 2016. "Biophysical limits of current debates on degrowth and the knowledge economy," Documentos de Trabajo FLACSO Ecuador 2016_04, Facultad Latinoamericana de Ciencias Sociales (FLACSO).
    20. Fabio Boschetti & Elizabeth A. Fulton & Nicola J. Grigg, 2014. "Citizens’ Views of Australia’s Future to 2050," Sustainability, MDPI, vol. 7(1), pages 1-26, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ropke, Inge, 2004. "The early history of modern ecological economics," Ecological Economics, Elsevier, vol. 50(3-4), pages 293-314, October.
    2. Hubacek, Klaus & van den Bergh, Jeroen C.J.M., 2006. "Changing concepts of 'land' in economic theory: From single to multi-disciplinary approaches," Ecological Economics, Elsevier, vol. 56(1), pages 5-27, January.
    3. Olivier Godard, 2004. "La pensée économique face à la question de l'environnement," Working Papers hal-00242937, HAL.
    4. Costanza, Robert & Stern, David & Fisher, Brendan & He, Lining & Ma, Chunbo, 2004. "Influential publications in ecological economics: a citation analysis," Ecological Economics, Elsevier, vol. 50(3-4), pages 261-292, October.
    5. Beatriz Gaitan S. & Richard S.J. Tol & I. Hakan Yetkiner, 2006. "The Hotelling’s Rule Revisited in a Dynamic General Equilibrium Model," Papers of the Annual IUE-SUNY Cortland Conference in Economics, in: Oguz Esen & Ayla Ogus (ed.), Proceedings of the Conference on Human and Economic Resources, pages 213-238, Izmir University of Economics.
    6. Ronald H. Schmidt, 1988. "Hotelling's rule repealed? An examination of exhaustible resource pricing," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 41-54.
    7. Cleveland, Cutler J. & Ruth, Matthias, 1997. "When, where, and by how much do biophysical limits constrain the economic process?: A survey of Nicholas Georgescu-Roegen's contribution to ecological economics," Ecological Economics, Elsevier, vol. 22(3), pages 203-223, September.
    8. Kolstad, Charles D., 2000. "Energy and Depletable Resources: Economics and Policy, 1973-1998," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 282-305, May.
    9. Drupp, Moritz A. & Baumgärtner, Stefan & Meyer, Moritz & Quaas, Martin F. & von Wehrden, Henrik, 2020. "Between Ostrom and Nordhaus: The research landscape of sustainability economics," Ecological Economics, Elsevier, vol. 172(C).
    10. Jeroen C.J.M. van den Bergh, 2000. "Ecological Economics: Themes, Approaches, and Differences with Environmental Economics," Tinbergen Institute Discussion Papers 00-080/3, Tinbergen Institute.
    11. Dzhumashev, Ratbek, 2024. "The role of physical constraints on production," Ecological Economics, Elsevier, vol. 216(C).
    12. Gaitan, Beatriz & Tol, Richard S.J. & Yetkiner, I. Hakan, 2004. "The Optimal Depletion Of An Exhautible Resource In A Dynamic General Equilibrium Model," 2004 Annual meeting, August 1-4, Denver, CO 20207, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. François Allisson & Antoine Missemer, 2020. "Some Historiographical Tools for the Study of Intellectual Legacies," Post-Print halshs-02931492, HAL.
    14. Devarajan, Shantayanan & Fisher, Anthony C, 1981. "Hotelling's "Economics of Exhaustible Resources": Fifty Years Later," Journal of Economic Literature, American Economic Association, vol. 19(1), pages 65-73, March.
    15. Stern, David I., 1997. "Limits to substitution and irreversibility in production and consumption: A neoclassical interpretation of ecological economics," Ecological Economics, Elsevier, vol. 21(3), pages 197-215, June.
    16. Schilling, Markus & Chiang, Lichun, 2011. "The effect of natural resources on a sustainable development policy: The approach of non-sustainable externalities," Energy Policy, Elsevier, vol. 39(2), pages 990-998, February.
    17. Roma, Antonio & Pirino, Davide, 2009. "The extraction of natural resources: The role of thermodynamic efficiency," Ecological Economics, Elsevier, vol. 68(10), pages 2594-2606, August.
    18. Jean-Paul Fitoussi & Éloi Laurent & Jacques Le Cacheux, 2007. "La stratégie environnementale de l'Union européenne," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 381-413.
    19. Daniele Schilirò, 2019. "Sustainability, Innovation, and Efficiency: A Key Relationship," Palgrave Studies in Impact Finance, in: Magdalena Ziolo & Bruno S. Sergi (ed.), Financing Sustainable Development, chapter 0, pages 83-102, Palgrave Macmillan.
    20. Jouvet, Pierre-André & Schumacher, Ingmar, 2012. "Learning-by-doing and the costs of a backstop for energy transition and sustainability," Ecological Economics, Elsevier, vol. 73(C), pages 122-132.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:69:y:2010:i:11:p:2271-2278. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.