scholarly journals Graphical Presentation of the Steady-state Economy Model

2021 ◽  
Author(s):  
Theodore Lianos
Keyword(s):  
Steady State ◽  
Economic Model ◽  
Economy Model ◽  
Policy Proposal ◽  
State Economy ◽  
Environmental Balance ◽  
Global Population ◽  
Graphical Presentation

There are several theories claiming that their policies can save the planet from environmental catastrophe. This paper claims that it is only the Steady-State Economy model on which such reasonably effective expectations can be based. This is so for two reasons. First, the SSE is based on a clearly defined economic model which is presented graphically and briefly analysed. Second, it includes a policy proposal for reducing the size of global population. This is now approaching eight billion people and is expected to exceed nine billion in the next thirty years. The logic of the SSE suggests that stabilising population is not sufficient. The global population should actually be reduced if environmental balance is to be restored.

WHY ECONOMIC GROWTH IS NEVER SUSTAINABLE

2011 ◽  
Vol 2 ◽  
Author(s):  
Ivars Brīvers
Keyword(s):  
Economic Growth ◽  
Economic Theory ◽  
Sustainable Development ◽  
Steady State ◽  
Great Depression ◽  
Costs And Benefits ◽  
Global Crisis ◽  
The Great Depression ◽  
The People ◽  
State Economy

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.

A Plea for a Steady-State Economy

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

scholarly journals Environment, poverty and the steady state economy

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Theodore Lianos
Keyword(s):  
Steady State ◽  
Income Distribution ◽  
Natural Resources ◽  
Environmental Degradation ◽  
World Population ◽  
Ecological Balance ◽  
Production And Consumption ◽  
State Economy ◽  
The World ◽  
Global Problems

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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