The Political Economy of Capitalism | INET workshop w Simon Mair, 27 August 2018
CUSP researcher Simon Mair will be presenting research at the forthcoming INET workshop on Political Economy of Capitalism. Titled ‘Capital and Environmental Crisis: insights from Adam Smith’, the paper sets out to explain two stylised facts of the modern economy: that the economy is becoming more energy efficient but economic growth is still tightly coupled to energy use, and that at a global scale different energy carriers are complements not substitutes.
Dialogues in Turbulent Times | CUSP at 2018 International Degrowth Conference, Malmö, 21-25 Aug
CUSP researchers Simon Mair, Ben Gallant and Ellen Stenslie will be presenting papers at the 6th International Degrowth Conference for ecological sustainability and social equity in Malmö. Apart from being a space for scholarly debates, degrowth conferences aim at promoting cooperation of various groups in the development of scientific, social and political proposals towards ecologically sustainable and socially just transformation.
Embracing the Unthinkable | Guest blog by Alan Simpson
The UK is becoming an angry, divided and insecure country, Alan Simpson writes. Right now, it doesn’t have to be that bad. But we don’t have much time to play with. Another world is still (just) possible, but we need the courage to build it, now.
Growth for the sake of growth | Guest blog by Federico Demaria
“Growth for the sake of growth” remains the credo of governments and international institutions, Federico Demaria finds. The time is ripe, he argues, not only for a scientific degrowth research agenda, but also for a political one. (This article is a transcript of Federico’s address to the European Commission, in preparation of the 2018 Post-Growth conference at the EU Parliament, 18-19 Sept 2018.)
Politics for the ‘New Normal’ | CUSP newsletter July 2018
This July edition of our CUSP newsletter features the first in our new series of policy briefings on An Economy That Works, an upcoming journal article from Marit Hammond, making a renewed case for ecological democracy and Victor Anderson's working paper on protecting the interests of future generations. We have just unearthed the unpublished transcript from our 2016 public meeting of the APPG with Caroline Lucas, Jørgen Randers, Graeme Maxton, Kate Raworth and Federico Demaria discussing the End of Growth. It still makes for fascinating reading.
Protecting the Interests of Future Generations | Working Paper No 14
Even the most perfect democracy can only represent the wishes of people currently alive. But how can the interests of members of future generations be safeguarded in political systems? This paper outlines different ways in which this could be achieved through reforms to the UK political system, and then looks in more detail at examples in other countries.
Beyond 5%: why autonomy matters for workers’ wellbeing | Blog by Simon Mair
A recent trial of 4 day week in New Zealand inspired a 5% increase in life satisfaction. As celebrated as the results are, such measures are unlikely to contribute sufficiently towards more sustainable economies, Simon Mair argues, reflecting on the limits of such reforms within our current system. He wonders what it might take to get beyond 5% to something more utopian.
How hard is it to score the seventeenth goal? | Blog by Victor Anderson
Partnerships are central to the achievement of all 17 Sustainable Development Goals (SDGs) but partners need to be proactive and willing. Summarising our recent contribution to the first comprehensive assessment of the UK’s performance against the SDGs, Victor Anderson explains why the UK’s progress has so far been limited as a result.
Monetising nature: a metaphor too far? | Blog by Aled Jones
Natural Capital Valuation is a fiercely debated approach to account for nature in business and management decision processes. A new report by Aled Jones and colleagues finds that without extra checks in place to accompany the valuation frameworks, there is a real risk that biodiversity loss actually worsens as monetisation tools are embedded — and that they are not being used as intended.
Enjoyable, meaningful lives without economic growth or jobs? | Guest blog by Alison Kidd
How will people live enjoyably and meaningfully in a world of less economic growth? Do the care, craft, culture and creative activities which CUSP is exploring offer a promising alternative prosperity? Behavioural psychologist Alison Kidd recently studied the activities of 325 UK people to find out what they found enjoyable and meaningful to see if she could get clues.
Social Darts | Blog by Mark Ball
Leisure doesn’t always make business sense, and success doesn’t mean turning a profit. Against the logic of expansion and abundance, Stoke has something major metropolitan cities do not, Mark Ball finds. His research looks at the connections between leisure, wellbeing and sense of place — and currently involves playing a lot of darts
Climate Justice as economic mobilization | Seminar w Stefan Jacobsen, London 21 June 2018
Drawing on a newly published book, this talk will give a brief outline of the economic ideas that have been central in the buildup of a global movement for Climate Justice (CJ) since the 1990s. Jacobsen argues that although campaigns against the dominance of carbon markets and for divestment strengthened the CJ movement in raw numbers, these approaches also marked a move away from earlier demands for radical equality as part of transitioning away from fossil fuels.
Against all odds? Modelling the low-carbon transition | Blog by Martin Sers
Can renewable energy supply grow rapidly enough to both, cover societies growing energy needs and displace fossil fuel use sufficiently to keep carbon emissions below some “safe” level? — the leading question of a recent CUSP paper in Ecological Economics. In this blog, Martin Sers is summarising the findings.
Making Connections | CUSP Newsletter May 2018
Our theme this month is making connections: taking our lead from Sue Venn’s blog on the relationship between the craft (the art of making) and sustainable prosperity. This month also features a blog from Will Davies summarising our collective work across CUSP on the role of utopian thinking. And two papers make economic connections. Martin Sers and Peter Victor’s paper on the energy emissions trap and my new CUSP working paper on the ‘post-growth challenge’.
CIRCONOMÌA | Circular Economy Festival w Tim Jackson and Kerry Kennedy, Milan/Pollenzo 24-25 May 2018
On 24 and 25 May 2018, Tim Jackson will be joining Kerry Kennedy, human rights lawyer and daughter of Robert Kennedy, for a series of dialogues on prosperity, inequality and human rights at the 3rd Circonomìa festival in Italy. Under the theme of "growth without prosperity, prosperity without growth", Tim and Kerry will be discussing the legacy of Robert Kennedy's historic speech at the University of Kansans on the failings of measurement and vision that, after 50 years, still haunt both economic policy and our everyday life.
Defining and promoting carbon literacy | Seminar w Rachel Howell, 28 June 2018
Given government policies and public discourse aiming to change everyday behaviour so as to reduce greenhouse gas emissions, individuals are increasingly encouraged to understand how their activities contribute to such emissions, and how they can reduce their personal carbon footprint. This seminar proposes a definition of 'carbon literacy' and compares this with other, related concepts.
‘Secular stagnation’ meets the ‘GDP fetish’ | Blog by Tim Jackson
Tim Jackson introduces his new CUSP working paper ‘The Post-Growth Challenge’, in which he discusses the state of advanced economies ten years after the crisis. Our attempts to prop up an ailing capitalism have increased inequality, hindered ecological innovation and undermined stability, he argues.
The Energy-Emissions Trap | Journal Paper by Martin Sers and Peter Victor
The requirement to reduce emissions to avoid potentially dangerous climate change implies a dilemma for societies heavily dependent on fossil fuels. As renewable capacity requires energy to construct there is an initial fossil fuel cost to creating new renewable capacity. An insufficiently rapid transition to renewables, it turns out, will imply a scenario in which it is impossible to avoid either transgressing emissions ceilings or facing energy shortages.