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

Planetary crises and post-growth organizing

https://unsplash.com/photos/vbFC9BCo95M

tl;dr: special issue on key principles for a sustainable future: frugal abundance, conviviality, care, and open relocalization. 

Envisioning a post-COVID 19 world where societies and organizations can flourish without growth is one of the most difficult tasks facing scholars from all disciplines. This is especially true for those of us who work in management and organization studies, where the status quo assumption remains fixed on economic growth and profit maximization. Together with my colleagues Bobby Banerjee, John Jermier, Ana Maria Peredo, and Robert Perey, we approached this challenge putting together a special issue with ORGANIZATION (SAGE) on “Theoretical perspectives on organizations and organizing in a post-growth era”.… Read more

Moving Beyond Growth: Compendium on Postgrowth Research

tl;dr: Compendium of my research on degrowth, postgrowth and the next economy

The First Decade of Degrowth Research

For over a decade now I have researched Degrowth or Décroissance from an organizational and business perspective. At the first International Degrowth Conference in Paris in 2008, I was the only management scholar talking about “Economic De-growth as Corporate Competitive Advantage?” (obviously I had taken crazy pills). In 2010 I engaged with Tim Jackson in London on a CEECEC / SERI workshop on “Toward an International Degrowth Network“, continuing with my theme on Degrowth and its implications for the firm.… Read more

In Search For Meaning: The Real Challenges for the World Economic Forum 2019

tl;dr: Globalization needs new meanings beyond economic growth

This year’s World Economic Forum catchphrase is ”Globalization 4.0“ and focuses on a ”New Architecture in the Age of the Fourth Industrial Revolution“. The discussions this year will not be affirmative of new technologies and optimistic about new economic opportunities. Rather a very concerned view on the new global realities dominates, especially but not exclusively:

  • the rise of Neo-Nationalism and the politics of isolation and confrontation, especially in the former globalization heartlands like the USA and UK, but also in emerging countries like Brazil and core European countries like Hungary and Poland;
  • the ongoing and accelerating human-made climate change that requires global cooperation for successful mitigation, not national isolation.
Read more

Next Growth: Re-Imagining Growth

tl;dr: Moving beyond growth as a paradigm is vital to unlock a new economy of prosperity, creativity and sustainability – and business has a large role to play 

Successful business = economic growth. This equation appears to be a natural law of economics, despite the many downsides of growth (exploitation, inequalities, ecological degradation) and the economic limitations of growth (secular stagnation, lagging productivity, global demographic change, low to negative interest rates). In fact, in can be argued that we already see the first signs of a postgrowth age, with decelerating global growth rates and possible contractions in many countries in the years and decades ahead.… Read more