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Enough Is Enough

Page 26

by Rob Dietz


  McKibben, Bill, 99, 204, 206

  Meadows, Donella, 123–124

  Medicaid, 93

  Mellor, Mary, 106

  Menzel, Peter, 59–60

  metabolism, economic, 59–61, 70

  Mill, John Stuart, 202–203

  minimum income. See citizen’s income program

  money: as claim on wealth, 101–102, 102

  creation of, 103–104, 106, 107, 110, 143

  and debt-free national currency, 106–107, 110

  and international currency, 108–109

  key functions of, 100–101

  and local currency, 107–108

  monitoring systems, for resource management, 68–69

  Montana, 141

  Montreal Protocol, 69

  National Geographic Society, 74

  Netherlands, 75, 76, 132–133, 144, 147

  New Economics Foundation, 23, 110, 119, 120, 161, 173

  New Hampshire, 93, 94

  Niger, 77

  Nigeria, 121, 144

  nonprofit organizations, 110, 149, 150

  Norway, 142, 144

  Obama, Barack, 118, 169

  Occupy movement, 91, 96, 175

  OECD (Organisation for Economic Co-operation and Development), 116

  oil companies, 22, 52, 142, 144, 145

  oil production, 22–23, 52

  O’Neill, Dan, 9

  The Onion (satirical newspaper), 130

  overconsumption: and consumer culture, 157–160, 162, 164

  and economic inequality, 90

  throughput as measure of, 60–62, 90

  overpopulation. See population growth

  ozone depletion, 19, 20, 69

  Parrish, Brad, 147

  Pennock, Michael, 115

  permit systems, tradable, 64–66

  Pickett, Kate, 28, 90, 92

  plutocracy, 111

  politicians: as economic-growth advocates, 169–170

  steady-state economy considered by, 53–54, 169, 170, 173, 175

  population density, 75–76, 76

  population growth, 17, 18, 62, 73–85, 143

  and contraception, 79, 80, 81, 83

  and education, 80–81, 84–85

  and fertility rates, 76, 77, 79, 80

  and immigration policy, 82–83

  impact of women’s empowerment on, 80–81

  and I-PAT equation, 77

  and mass media, 84–85

  and planetary carrying capacity, 34–36

  rate of, 74–77, 75

  and social justice, 78

  stabilization of, 77–83, 195, 196, 197, 199

  Population Media Center (PMC), 84–85

  Porter, Michael, 147

  poverty, alleviation of: and democratization of economic institutions, 96, 97

  and economic growth, 26–28, 46

  and international trade, 182

  and stabilization of population growth, 78

  poverty, increase in, 4, 27, 28, 48, 49

  predictions, socioeconomic, 34, 36

  Procter & Gamble, 159

  profit motive, 137, 142–143, 150

  progress, measurements of, 115, 116, 118–124, 119, 121, 122, 143, 150, 196, 197

  protected areas, for ecosystems, 67–68

  Pullinger, Martin, 131

  rationing, as throughput-limiting strategy, 64

  rebound effect, 39–40

  redistribution of income and wealth, 26–27, 93, 94

  Reichel, André, 150–151

  resources: depleted by economic growth, 21, 22, 33

  and GDP growth, 18, 37

  international competition for, 179

  monitoring systems for managing, 68–69

  nonrenewable, 63, 141

  overconsumption of, 61–62

  and population growth, 35

  renewable, 23, 63, 141

  shared-value schemes for conservation of, 146–147

  throughput-limiting policies for managing, 63–64, 68–69, 143

  work-time reduction yields conservation of, 133–134

  retirement, 132

  Robèrt, Karl-Henrik, 139

  Rochdale Society, 148

  Rockström, Johan, 19, 21

  Roosevelt, Franklin D., 131

  Rouse, Cecilia, 169

  Royal Dutch Shell corporation, 142, 144

  Russia: coal used in, 179

  gross domestic product (GDP) ranking of, 120, 144

  happiness indicators in, 121

  population growth in, 76, 77

  Ryerson, Bill, 84

  Sachs, Jeffrey, 80–81

  Santa-Barbara, Jack, 15–16, 26

  Sarkozy, Nicolas, 116

  Saudi Arabia, 144, 181

  scale. See economic scale

  Schumacher, E. F., 6, 139, 179

  Scotland, 168

  self-storage units, 60–61

  Seuss, Dr., 139–141

  shareholder-owned corporations, 141–142, 148, 151, 152

  Shell corporation, 142, 144

  Simon, Julian, 36

  Smith, Adam, 189–190, 206

  Smithsonian Institution, 114

  social enterprises, 148, 149

  social justice, 78

  social responsibility, corporate, 147, 150

  social return on investment, 151

  Social Security, 93

  Soddy, Frederick, vii–viii Solow, Robert, 22

  Spain, 95, 144, 149

  steady-state economy, 10–12, 45–55, 194–206

  academic study of, 170–171, 174–175

  blueprint of, 10–12, 194, 194–206

  business in, 146–153

  conferences for promoting, x, 10, 53, 173, 194

  cultural shift toward, 204–205

  defining features of, 46–47, 195–196, 198

  and degrowth, 53, 184, 185, 195

  and economic equality, 92

  and economic scale, 46, 47, 185, 185–186

  and efficient allocation of resources, 46–47

  and elimination of growth imperative, 143

  and employment, 51–52, 130, 131, 132, 134, 136, 197

  and environmental values, 52

  and fair distribution of wealth, 46, 47

  and financial reform, 111, 196

  forums for promoting, 173

  and gross domestic product (GDP), 45, 47, 116

  and international cooperation, 186–187

  and investment, 51, 201

  and labor productivity, 51–52

  movements for promoting, 175

  and news media, 169, 170, 175

  organizations for promoting, 9, 54, 173–175

  and ownership, 52, 195–196

  politicians’ attitudes toward, 53–54, 169, 170, 173, 175

  popularizing concept of, 171–173

  and progress indicators, 123, 196, 197

  role of markets in, 47

  transition to, 50, 50–54, 81, 83, 111, 129, 130, 136, 146, 152, 170–172, 175, 176, 180, 187, 189, 196, 199, 203, 205

  stock market, 117

  Stoll, Steven, 169

  Styron, William, 88

  Superfund program, 141

  sustainability: and corporate social responsibility, 147

  and economic scale, 32–37, 40, 41, 46, 195

  and employment, 128–129

  and environmental values, 52

  and financial systems, 101, 106, 109, 111

  and international cooperation, 188

  and overconsumption, 60, 61, 198

  and population growth, 74, 79, 81, 85

  and progress indicators, 115, 116, 118, 120, 122, 122

  and throughput levels, 60, 61, 63, 67, 68, 69

  Sweden, 93, 144

  Switzerland, 134, 144

  Tanzania, 187–188

  taxation: and community interest companies (CICs), 150

  economic equality achieved by, 93–94, 95

  as throughput-limiting strategy, 66

  and reform of business,
152

  and restructuring of financial institutions, 110

  technology: and limits to growth, 36–40

  transfer of, 189

  Thoreau, Henry David, 139, 205

  throughput, economic, 45, 59–70

  limitation of, 63–70, 143, 197, 198

  Tocqueville, Alexis de, 87

  Toyota, 142, 144

  trade. See international trade

  Transition Towns, 163, 165

  tuna fishing, 183

  Uganda, 79, 80

  unemployment, 48, 48, 49, 49, 50, 50, 129, 136, 143

  United Kingdom: CO2 emissions in, 39

  cooperatives in, 95, 148, 149

  economic inequality in, 89, 89

  fertility rate in, 80

  gross domestic product (GDP) ranking of, 120, 144

  happiness indicators in, 26, 115, 117, 121

  homelessness in, 148

  immigration policy in, 82

  local currency in, 108

  material use in, 39

  money supply in, 102, 102, 103

  population density of, 75, 76

  population growth in, 74, 81–82

  progress indicators in, 120

  work-time reduction in, 132

  United Nations: democratization of, 188–189

  happiness indicators sought by, 115

  Human Poverty Index of, 48

  impact of financial crisis reported by, 184

  Millennium Development Goals of, 182

  Monetary and Financial Conference of, 109

  population growth estimates of, 75, 75

  System of Environmental-Economic Accounts (SEEA) of, 69

  United States: banking policy in, 103

  coal used in, 179

  and dollar’s role in international finance, 108–109

  economic inequality in, 88–89, 89, 93

  fertility rate in, 80

  greenhouse gases emitted in, 179

  gross domestic product (GDP) in, 118, 119, 120, 144

  happiness indicators in, 121

  household throughput in, 60–61

  immigration policy in, 82–83

  overconsumption in, 60

  paid vacation time in, 132

  population growth in, 74, 75, 76–77, 159

  progress indicators in, 118–119, 119

  public debt in, ix; self-storage units in, 60–61

  working hours in, 133

  Universal Declaration of Human Rights, 134

  Ura, Dasho Karma, 115

  Venezuela, 142, 144

  Vermont, 93

  Victor, Peter, 37, 47–50, 48, 49, 50, 53, 54, 129, 199

  Vietnam, 120, 121, 145

  Wallich, Henry, 91–92

  Walmart, 94, 142, 144

  Walton brothers, 94

  wealth: accumulation of, 94, 100, 189–190

  fair distribution of, 46

  redistribution of, 26–27, 78, 91, 94

  Wharton School of Business, 43–44

  Wheelan, Charles, 183

  Wilkinson, Richard, 28, 90, 92

  women: education of, 80–81

  empowerment of, 80–81, 95

  work. See employment

  World War II, 190

  Wren, Deb, 127–129, 130, 137

  Zencey, Eric, 169

  ABOUT THE AUTHORS

  Author photo: Jennifer Yang

  ROB DIETZ unwittingly discovered the recipe for understanding the limits to growth.

  Start with a suspicion that there’s something rotten at the core of consumer culture. Simmer that suspicion in four years of formal education in environmental science. Add a bachelor degree’s worth of study in economics, and stir in just a dash of doubt about the validity of the mainstream economic viewpoint.

  Set aside those initial ingredients for the time being, and get to work combining a series of career moves. Begin with several years as an economic analyst at consulting firms in Washington, D.C., culminating in an overwhelming desire to get back to the basics of science. Add in a graduate degree in environmental science and engineering, including studies in geography and biology. Stir vigorously with a governmental stint (starting as a Presidential Management Fellow) at the U.S. Fish and Wildlife Service and U.S. Geological Survey. While stirring, be sure to add plenty of influential readings from authors like David Orr, Donella Meadows, and Herman Daly. Don’t forget to sprinkle in facts about species extinctions, climate change, and other environmental calamities as documented in countless articles from peer-reviewed scientific journals. Slow-cook all these ingredients in one brain, especially a brain that craves a strong balance between work and play, and you’ll see why the pursuit of infinite economic growth on a finite planet is a bad idea.

  What to do once you’ve followed such a recipe? Rob’s first response was to freak out. He got a little grouchy. Then he got a lot sarcastic. Then when people stopped wanting to be around him, he took some more constructive steps.

  First, he took a couple of deep breaths. Then, with his wife and young daughter, he moved to an aspiring ecovillage in Corvallis, Oregon. The idea was to try to live the good life in a community that strives to leave light footprints. Next, he became the first executive director of the Center for the Advancement of the Steady State Economy, a nonprofit organization that promotes a prosperous, yet nongrowing economy. He served in that role for four years, before taking a crack at making it as a writer. Enough Is Enough is his first book.

  Author photo: Phil Faulks

  DAN O’NEILL has always been interested in the “big picture.” He spent his childhood exploring the wide-open spaces of western Canada, often gazing up at the night sky and dreaming of becoming an astronomer. As an undergraduate student at the University of Victoria, he pursued a big-picture path, earning a degree in physics and receiving the Jubilee Medal for Science. While designing systems for large companies to manage their energy use, he felt the pull of another expansive topic—the state of the environment. It drew him across the country to Halifax, Nova Scotia, where he earned a master’s degree in environmental studies from Dalhousie University. There, he took a course in ecological economics that dramatically changed his perspective. He realized that many of the toughest environmental and social problems facing humanity have a common cause—our economic system and its pursuit of growth at all costs.

  After completing his master’s degree, Dan moved back to Victoria and worked as a planning analyst for the Capital Regional District. His main responsibility was measuring the city’s progress toward the goals of its Regional Growth Strategy.

  Although the Growth Strategy achieved many benefits, Dan sensed the need for an entirely different economic model to reconcile the conflicts among economic, social, and environmental objectives. Consequently, he moved to England to begin doctoral studies in ecological economics at the University of Leeds. While on a plane over the Atlantic, he read Herman Daly’s book Steady-State Economics, which turned his world upside down. He realized that a steady-state economy was the economic model of the future, but more research was needed to make it work in practice.

  Since finishing his doctoral studies and writing this book, Dan has taken a position as lecturer in ecological economics at the University of Leeds, and chief economist at the Center for the Advancement of the Steady State Economy. His research continues to focus on the changes needed to achieve a successful nongrowing economy. Toward this end, he has designed a new system of national accounts to measure how close specific economies are to a steady-state economy, and what proximity to this goal means for their social performance. When he isn’t involved in research or teaching, Dan enjoys hiking in the Yorkshire Dales and singing songs about the misguided pursuit of economic growth.

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