prosperity_without_growth_report.pdf

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Prosperity
without
growth ?
The transition to a
sustainable economy
Prosperity without growth?
The transition to a sustainable economy
Professor Tim Jackson
Economics Commissioner
Sustainable Development Commission
Acknowledgements
This report was written in my capacity as Economics Commissioner for the Sustainable Development Commission
at the invitation of the Chair, Jonathon Porritt, who provided the initial inspiration, contributed extensively
throughout the study and has been unreservedly supportive of my own work in this area for many years.
For all these things, my profound thanks.
The work has also inevitably drawn on my role as Director of the Research group on Lifestyles, Values
and Environment (RESOLVE) at the University of Surrey, where I am lucky enough to work with a committed,
enthusiastic and talented team of people carrying out research in areas relevant to this report. Their research
is evident in the evidence base on which this report draws and I’m as grateful for their continuing intellectual
support as I am for the financial support of the Economic and Social Research Council (Grant No: RES-152-25-1004)
which keeps RESOLVE going.
Though written as an individually authored thinkpiece, this study builds on work from right across the
Commission. In particular, it draws extensively from the work programme on
Redefining Prosperity
which has
been developed at the SDC over the last five years (see Appendix 1 for a summary of recent work). Throughout
this period, my fellow commissioners past and present – Jan Bebbington, Bernie Bulkin, Lindsey Colbourne, Anna
Coote, Peter Davies, Stewart Davies, Ann Finlayson, Tess Gill, Alan Knight, Tim Lang, Alice Owen, Anne Power,
Hugh Raven, Tim O’Riordan, Waheed Saleem and Becky Willis – have been generous with their time, attending
workshops, offering critical commentary and reviewing various drafts of this document.
Special thanks are owed to all those who contributed directly to the
Redefining Prosperity
workshops, in
particular Simone d’Alessandro, Frederic Bouder, Madeleine Bunting, Ian Christie, Herman Daly, Arik Dondi,
Paul Ekins, Tim Kasser, Miriam Kennet, Guy Liu, Tommaso Luzzati, Jesse Norman, Avner Offer, John O’Neill, Elke
Pirgmaier, Tom Prugh, Hilde Rapp, Jonathan Rutherford, Jill Rutter, Zia Sardar, Kate Soper, Steve Sorrell, Nick
Spencer, Peter Victor, Derek Wall, David Woodward and Dimitri Zenghelis.
A number of other colleagues and friends have helped and advised – sometimes without even knowing it!
Particular thanks are due to Mick Common, Andy Dobson, Angela Druckman, Ian Gough, Bronwyn Hayward, Lester
Hunt, Nic Marks, Miriam Pepper, Alison Pridmore and John Urry.
Finally, my thanks are due to the SDC Secretariat for their boundless expertise and enthusiasm throughout the
project. Sue Dibb, Sara Eppel, Andrew Lee, Rhian Thomas, Jacopo Torriti, Joe Turrent and Kay West in particular
have been a constant source of invaluable advice throughout. I owe a special debt of gratitude to Victor Anderson,
whose wealth of intellectual experience and unswerving personal support have been indispensable at every turn.
Contents
Foreword
Summary
1
Introduction
2
The Age of Irresponsiblity
3
Redefining Prosperity
4
The Dilemma of Growth
5
The Myth of Decoupling
6
Confronting Structure
7
Keynesianism and the ‘Green New Deal’
8
Macro-economics for Sustainability
9
Flourishing – within limits
10
Governance for Prosperity
11
Steps towards a Sustainable Economy
Appendix 1
The SDC ‘Green Stimulus’ Package
Appendix 2
Towards a Sustainable Macro-Economy
References
Endnotes
5
6
15
19
29
37
47
59
67
75
85
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101
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122

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