Peter is coinvestigator within our systems analysis theme. Peter victor is an economist who has worked on environmental issues for over 40. So we start a new year with the knowledge that degrowth has now entered into the parliament, and hopefully it is here to stay. Book launch celebrates second edition of professor emeritus peter victor s managing without growth january 30, 2019 the second edition of a highly regarded book by york university professor emeritus peter victor that examines why longterm economic growth is infeasible will be celebrated during a book launch event on feb. Imagining a world without growth is among the most vital and urgent tasks for society to engage in. Simulating lowno growth in the canadian economy lowgrow has been built using stella chosen for its flexibility it can accommodate quantitative and qualitative variables, its facility for simulating change over time stella.
Jackson, 2009, victor, 2008 have attempted to draw. Advocates of degrowth, such as peter victor of york university in toronto, say economic growth will exacerbate efforts to achieve ecological sustainability. The time is ripe not only for a scientific degrowth research agenda, but also for a political one. The case for a new economic paradigm countercurrents. Humanity has gone beyond the safe operating space of the planet with respect to. By extending inputoutput analysis, he was the first economist to apply the physical law of the conservation of matter to the empirical analysis of a national economy. The handbook also presents new contributions on topics such as degrowth, the. Based on this study, the most influential factors in the transition to a sustainable economy are changes to investment and the structure of the labour market. The paperback of the handbook on growth and sustainability by peter a. Handbook on growth and sustainability by victor, peter a. Some degrowth proponents say that distributional conflicts could be resolved through worksharing and income transfers. Jun 08, 2017 the most notable research conducted in this direction is a study carried out by the economist peter victor.
The idea of growth goes beyond a mere representation of an increase of gross domestic product gdp. Why economic growth is not compatible with environmental. The book tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Victor, professor emeritus, york university and brett dolter. Received 1 february 2011 received in revised form 16 april 2011 accepted 17 april 2011 available online xxxx keywords.
It is to the analysis of those changes that is devoted peter victors book. Growth takes place in terms of monetary flows, financial assets and transactions, capital accumulation. Pdf climate change, happiness and income from a degrowth. A scenario analysis, in which he compared canadian carbon emissions. Peter victors book will help us slow down by design, not disaster, and. The discipline of ecological economics later went on to theorize that the. Managing without growth slower by design, not disaster. Nov 12, 2014 while a few of its fifty or so contributors, such as tim jackson, serge latouche, juliet schor and peter victor, have already published major fulllength works about degrowth in britain or north america, and while a number of others may be known to readers of this journal, many represent a new generation of scholars and activists. Nononsense guide to degrowth and sustainability between. While a few of its fifty or so contributors, such as tim jackson, serge latouche, juliet schor and peter victor, have already published major fulllength works about degrowth in britain or north america, and while a number of others may be known to readers of this journal, many represent a new generation of scholars and activists. Victor, an emeritus professor of environmental economics at york university, in toronto, built a computer model, since updated, to see what would happen to the canadian economy under various scenarios.
By extending inputoutput analysis, he was the first. Peter victoreminent ecological economist, winner of the canadian council for the arts. Chapter in the handbook on growth and sustainability edited by peter a. Victor is a professor in environmental studies at york university. This book should be compulsory reading for all students everywhere. Degrowth is a rejection of the illusion of growth and a call to repoliticize the public debate colonized by the idiom of economism.
Degrowth audiobook collaborative project that aims at. Dalisas book is an excellent introduction to the politics of degrowth in its different meanings and dimensions that are analyzed and catalogued in dozens of entries providing an indispensable point of reference for anyone interested in joining. Handbook on growth and sustainability edward elgar publishing. Peter victor suggests that there is more space within the conventional framework that can be exploited to stabilize economic output. Collaborative project that aims at providing the degrowth vocabulary book in several languages. Managing without growth, by peter victor if you are sceptical about the virtues of economic growth, some people will assume you just dont know anything about economics. For sustainable growth we have robert pollin, who is a distinguished professor of economics and codirector of the political economy research institute at the university of massachusetts, amherst. At the turn of the millennium, the driving force of the degrowth narrative became the criticism of the idea of development and infinite economic growth. Rees, peter bartelmus, tim jackson and more, who have helped to define our understanding of growth and sustainability. He s the author of several books, including greening the global economy. A vocabulary for a new era is the first english language book to comprehensively cover the burgeoning literature on degrowth. Victor, peter alan faculty of environmental studies. Public debate on the oxymoronic nature of the term sustainable development was sparked by the influential books of french economic historian serge latouche.
Laszlo szucs, susanna pujol, heather shepherd, ana rei, isabel trujillo rocha, peter a. If you want to join, read a chapter, or know more, please get in touch with us. The challenge is based on a critical analysis of the literature on environmental and resource limits to growth, on the disconnect between higher incomes and happiness, and on the failure of economic growth to meet other key economic. It presents and explains the different lines of thought, imaginaries, and proposed courses of action that together complete the degrowth puzzle. Handbook on growth and sustainability peter a victor, brett. Peter victors storyline peter victor confesses that his interest in economics, which he discovered at the tender age of 15, was informed from the outset by a habit of mind prone to question the accepted wisdom. Peters dissertation became the basis of his first book, pollution. Rees and tim jackson who have helped to define our understanding of growth and sustainability. Climate change, happiness and income from a degrowth.
In the business as usual scenario the average annual work year of employed canadians remains constant. Perhaps, as in fahrenheit 451, in the transition to degrowth global societies idealists will memorize some of these short and inspiring prose poems showing that another world is possible. Thats going to be true in some cases, but there are of course plenty of serious and wellinformed thinkers who question gdp growth as a policy objective in rich countries. Aug 11, 2019 peter victor suggests that there is more space within the conventional framework that can be exploited to stabilize economic output. That in my view is the only way, even if you re a proponent of degrowth for other reasons, it is simply not a solution in terms of climate stabilization. Managing without growth center for the advancement of. For many degrowth enthusiasts a reduced level of gdp is incidental. A vocabulary for a new era kindle edition by giacomo dalisa, federico demaria, giorgos kallis. Join facebook to connect with victor peter and others you may know. Imagining a world without growth the new york times.
Placing the term in the context of this book, degrowth should be understood as a strategy for sustainability since economic growth is. He was one of the founders of the emerging discipline of ecological economics and was the first president of the canadian society for ecological economics. Humanity has gone beyond the safe operating space of the planet with respect to climate change, nitrogen loadings and biodiversity loss. It is a project advocating the democraticallyled shrinking of production and consumption with the aim of achieving social justice and ecological sustainability. As tim jackson and peter victor argued in the new york times. Download it once and read it on your kindle device, pc, phones or tablets. Degrowth therefore sees sustainable development as an oxymoron, as any development based on growth in a finite and environmentally stressed world is seen as inherently unsustainable. Dec 02, 2015 for instance, peter victor of york university in canada published a study titled growth, degrowth and climate change. Peter victor s grandfather, philip simons, who taught him not to drop toffee wrappers on the ground and to whom the book economics of pollution is dedicated many years ago i read william leiss the limits of satisfaction where he talks about how advertisers put their products in settings that have nothing to do with the products.
Written by tim jackson and peter victor article from growth economics to home economics. Degrowth a vocabulary for a new era is the first english language book to comprehensively cover the burgeoning literature on degrowth. It also presents new thinking on topics such as degrowth, the debtbased financial system, cultural change, energy. Managing without growth center for the advancement of the. York university, 4700 keele street, toronto, ontario, canada m3j 1p3 article info abstract article history. Simulations based on real data show that managing without growth is a better alternative. Growing up in kenton, north london, he had a reputation at school for being argumentative. Received 28 january 2006 received in revised form 8 march 2006. Rees, peter bartelmus and tim jackson, who have helped define our understanding of growth and sustainability, as well as new thinking on topics such as degrowth, the debtbased financial system, cultural change, energy return on. Victor professor emeritus and senior scholar, york university, canada. Join facebook to connect with peter victor and others you may know. Peter victor is professor emeritus at york university.
The first word of this epistle, peter, identifies the author, who called himself an apostle of jesus christ 1 peter 1. Critics of degrowth argue that a slowing of economic growth would result in increased unemployment, increased poverty, and decreased income per capita. As ecological economists tim jackson and peter victor argued in the new york times. Explorations into the end of growth, minding nature, 5, 2, 2431, 2012. In this book he critiques the neoliberal model of economic development, arguing that an increasing standard of living, based on consumption, is absurd as a goal of economic activity and development. Otherwise, enjoy listening to the individual chapters as podcast episodes. Based on this study, the most influential factors in the transition to a sustainable. Without the determined efforts of writers like wayne ellwood, important ideas such as degrowth and sustainability would likely remain on the periphery of public discussion and debate.
Book launch celebrates second edition of professor. He wrote this letter to a group of christians scattered throughout the northern areas of asia minor, where he may have previously preached the gospel. It is equally promoted by those who call for austerity as well as those who advocate. This is a collaborative project to create audio books of the book degrowth. An untargeted policy of degrowth is pretty disastrous from what peter victors models show. Managing without growthslower by design, not disaster 2nd. A new focus on human wellbeing must replace our more is bette. Use features like bookmarks, note taking and highlighting while reading degrowth. However a set of degrowth policies in which target the right parameters can have a much better outcome than business as usual. Introduction praise for the book contributors preface foreword the twists and turns of degrowth degrowth today the panorama of degrowth the future of degrowth antiutilitarianism bioeconomics critiques of development environmental justice currents of environmentalism societal metabolism political ecology steady state economics autonomy. Book of first peter overview insight for living ministries. It declines 15% by 2035 in the lowno growth scenario and by 75% in the degrowth scenario.
Introduction praise for the book contributors preface foreword the twists and turns of degrowth degrowth today the panorama of degrowth the future of degrowth antiutilitarianism bioeconomics critiques of development environmental justice currents of environmentalism societal metabolism political ecology steady state economics autonomy capitalism care commodification commodity. He has worked for nearly 50 years in canada and abroad on economy and environment as an academic, consultant and public servant. The most notable research conducted in this direction is a study carried out by the economist peter victor. The idea of steadystate economies, or even economic degrowth, in developed countries is gaining traction. Jun 12, 2017 the most notable research conducted in this direction is a study carried out by the economist peter victor. However, the fundamental macroeconomic factors will still exist, and it depends on how they will be restructured to achieve degrowth and sustainability. Peter, let s get your response to bob s very pointed argument about the limitations of degrowth for climate stabilization. Ecological economics, 77, 1115, 2012, with tim jackson living well. A vocabulary for a new era explain, gorz was inspired by the work of the intellectual pioneer of ecological economics nicholas georgescuroegen, who argued that all natural resources are irreversibly degraded when put to use in economic activity because of the entropy law. Peter victor challenges the priority that rich countries continue to give to economic growth as an overarching objective of economic policy.
Jan 01, 2008 managing without growth offers a compelling argument for the need for a new policy focus in the rich nations. This book explains why longterm economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Peter victor is an economist who has worked on environmental issues for over 40 years as an academic, consultant and public servant. Peters current research focus is on ecological macroeconomics. In the degrowth scenario, government expenditure declines to only 25% of its value in 2035 in the business as usual scenario. Schumachers 1973 book small is beautiful predates a unified degrowth movement, but nonetheless serves as an important basis for degrowth ideas. Peter victor argues that it is time for our obsession with economic growth to end. Victor 24 happiness filka sekulova 25 imaginary, decolonization of serge latouche 26 jevons paradox blake alcott 27 neomalthusians joan martinezalier 28 peakoil christian kerschner 29 simplicity samuel alexander 30 social limits of growth giorgos kallis toggle.
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