Tag: Politics

Posted on

Sustainability & Capitalism

Game Over. Capitalism is over if you want it.

tl,dr: Sustainability and capitalism have complex interactions. While capitalism emphasizes accumulation and expansion, sustainability requires long-term dynamic balance for all life.

Can sustainability can be reconciled with the logic of capitalism? I’ll try to sort both terms and will also talk about post-growth and degrowth. And if we’re at it, we just might want to also talk about post-capitalism and if such a thing exists.

Sustainability. A huge word, a non-word, both under- and over-complex.… Read more

Posted on

Regeneration as a New Economic Policy Paradigm

Regenerative Economy

tl;dr: Regeneration is a forward-looking paradigm focused on increasing  the evolutionary ability of social-ecological systems by including everyone and everything that matters for a viable society

In 2022, Earth Overshoot Day for North America came in March, for Europe mostly in May. The unsustainability of the dominant growth- and exploitation-oriented political-economic system is out in the open, for everyone to see. At the same time, we celebrate some anniversaries this year: 50 years of the first UN conference on the natural environment in Stockholm, 50 years since the publication of “Limits go Growth”, 35 years since the publication of “Our Common Future”, and 30 years since the Earth Summit in Rio.… Read more

Posted on

Earth must come first

Earth Day was on 22 April and while searching for a bit of background and resources for this day, I came across the Earth Overshoot Day 2021 contest where you can guess, on what date the impacts of human activities will have exceeded the carrying capacity of the planet’s biosphere this year. Next to the realization that some countries like e.g. Austria did already have their national Earth Overshoot Day (it was 7 April 2021), this got me thinking about the need for speed when it comes to reducing humanity’s footprint on the Earth’s biosphere and ecosystems.… Read more

Posted on

Sustainability as a Key Idea informing Social Practice and Order

tl;dr: Sustainability is a social phenomenon of political, economic and ethical struggles to change social practices towards more ecological and societal equity with care.

Why on Earth another scholarly book, an introduction even, on Sustainability? Because most introductions focus on a list of definitions, principles, and cases for Sustainability and sustainable development. They present a panopticum of »everything sustainable« but lack the focus on its social and political nature. This is often reserved for more advanced texts but we – Thomas Pfister, Martin Schweighofer, and I – were deeply convinced that you have to introduce Sustainability as essentially political and thus essentially contested.
… Read more
Posted on

Austerity and Degrowth

I have to start with Greece. For many vocal advocates of a more leftwing economic policy, most notably (and notoriously) Paul Krugman), the prolonged debt crisis in the Mediterranean country has its roots in austerity politics imposed by the ‘Troika’ of the ECB, IMF, and the Eurozone Group. Without another haircut, i.e. write-off of Greek debts, and a stimulus program, Greece will not manage to recover. And recovery, of course, means GDP growth. I could argue about the deeper meaning of austerity politics in the case of Greece (or Portugal, or Spain, or Ireland for that matter) – to actually build a coherent fiscal framework for the Eurozone with shared understandings of political economy, something that has not been there in the first place and what is desperately needed in a common currency area.… Read more