scholarly journals Ecological economics: From humanity’s current dilemma to policies for a steady state economy

2015 ◽  
Vol Volume 111 (Number 11/12) ◽  
Author(s):  
Tony Leiman ◽  
2011 ◽  
Vol 2 ◽  
Author(s):  
Ivars Brīvers

The first decade of the XXI century clearly shows that the notion of the people concerning the values and goals in economy should be revised. As a result of global crisis economic theory may experience essential changes, as it was during the Great Depression in the XX century. The aim of the paper is to show the necessity of reconsidering the goals in economy. The hypothesis is that growth economy has become non-sustainable and it should be substituted by an economy of a different design – steady-state economy. The paper contains a review and analysis of various ideas about the problem, focusing mainly on the interpretation of the notion of sustainable development and the costs and benefits of economic growth; the way, how we measure things in economy and about the widespread illusions about the possibility of perpetual economic growth. The conclusion is that any growth, including economic growth is never sustainable.


Fisheries ◽  
2014 ◽  
Vol 39 (2) ◽  
pp. 51-51 ◽  
Author(s):  
Robert Hughes
Keyword(s):  

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Theodore Lianos

Environmental degradation and inequality of income and wealth are two major global problems at the present time. This paper suggests that a steady state economy offers solutions for both problems. It argues that if the world population is drastically reduced and remains constant at a low level ecological balance can be achieved and, at the same time, income distribution will be greatly improved. The basis of this argument is that a smaller population will reduce the use of natural resources for production and consumption and at the same time reduce the supply of labor and thus increase wages. Also, a brief review of the idea of the steady state economy from the ancient philosophers to modern writers is provided.


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