It seems impossible to imagine a world without growth. Most of us sit here at the start of the 21st century knowing little other than a model of growth, with minor blips of recession occurring at semi regular intervals – just often enough to remind us that the stock market or our housing investments were speculative, not that it stopped us from speculating, it just made us feel somewhat luck to be part of this great machine that churned out wealth as a product.
Prosperity Without Growth? says that the current global recession should be the occasion to forge a new economic system equipped to avoid the shocks and negative impacts associated with our reliance on growth. Ahead of the G20 Summit in London, the report calls on leaders to adopt a 12-step plan to make the transition to a fair, sustainable, low-carbon
There are many indicators that we (and our leaders) should be heeding with regard to the impacts of a growth based economy and society. This report, while focused on the UK has items of relevance for the entire world, both developed and developing. As communities come to grips with the new economy, we should be mindful of consolidating what we have without mindlessly expanding services and infrastructure we can ill-afford to maintain in an economic and energy crunch.
Check out the report, even just as a reference pdf, it is well worth a skim-read.