Tuesday, January 4, 2011

Capitalism and Degrowth—An Impossibility Theorem

by John Bellamy Foster from Monthly Review

The author examines the degrowth orientation that seems to be informing most of "green" thinking in liberal and environmental circles today. 
What is known as “degrowth economics,” associated with the work of Serge Latouche in particular, emerged as a major European intellectual movement in 2008 with the historic conference in Paris on “Economic De-Growth for Ecological Sustainability and Social Equity,” and has since inspired a revival of radical Green thought, as epitomized by the 2010 “Degrowth Declaration” in Barcelona.
He asks and considers this question:
The degrowth concept...forces us to confront the questions: Is degrowth feasible in a capitalist grow-or-die society—and if not, what does this say about the transition to a new society?
If you liked this article, you might wish to read a lengthier, more comprehensive essay on social-economic system arrangements necessary in order to live in harmony with nature: "Ecological Civilization" by Fred Madgoff from Monthly Review.
Given the overwhelming harm being done to the world’s environment and to its people, it is essential today to consider how we might organize a truly ecological civilization—one that exists in harmony with natural systems—instead of trying to overwhelm and dominate nature. This is not just an ethical issue; it is essential for our survival as a species and the survival of many other species that we reverse the degradation of the earth’s life support systems that once provided dependable climate, clean air, clean water (fresh and ocean), bountiful oceans, and healthy and productive soils.