The Steady State Economy – Poster from Eco Labs

Posted on November 21, 2011

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Once a creature stops growing upwards, it commences to grow outwards eventually becoming morbidly obese – nothing can keep on growing for ever.

Sure, the growth principal served us well for a few generations, but the time has now come for a more mature and intelligent measure to guide us forward.   This new principal is the “Steady State Economy”, the name speaks for itself:

  • It is a state of affairs where investment is equal to depreciation
  • Where we realize that we basically have enough stuff already (it just needs to be shared around)
  • Where materials are recycled rather than extracted and
  • Where production gains are paid back in free time and less work (rather than reinvested to produce more stuff).

I refer you to a wonderful graphic from eco labs…

http://eco-labs.org/

 

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