This paper examines two literatures that try to understand the biophysical constraints placed on the economy and economic growth. Firstly, exergy economics uses the second law of thermodynamics to examine the aggregate exergy conversion process to the useful stage. This shows the dependency of...

The present paper offers a systemic literature review on the concept of degrowth by envisioning its impact on democracy. In so doing it first uses the methodology called SPIDER by building on a number of relevant literatures derived from Scopus. Second, it introduces a variety of degrowth...

We analyze a model of green technological transition along a supply chain. The model generates a unique equilibrium for given initial conditions but multiple steadystates. We show that: (i) even in the presence of Pigouvian environmental taxation, targeted sectoral subsidies are generally...

We present a model of economic growth that bridges Green Growth and Degrowth perspectives. The model demonstrates that a minimum physical per capita consumption level can be maintained without recourse to tech-optimism, and moreover with degrowth in material resource throughput - respecting...

This paper is a first attempt to quantify the potential short-term effects on income and business profits that may occur in the Global South if the Global North were to implement policies to reduce and relocalize consumption and production. To this end, we use the EORA26 global input-output...

Many socio-economic systems require positive economic growth rates to function properly. Given uncertainty about future growth rates and increasing evidence that economic growth is a driver of social and environmental crises, these growth dependencies pose serious societal challenges. In recent...

We construct a macroeconomic model based on household wealth preferences to identify the theoretical conditions under which full-employment and/or stagnation steady states hold. The theoretical conditions also specify the minimum level of inflation target that shifts the economy from stagnation...

This handbook takes stock of ‘degrowth’, a concept and movement gaining increasing visibility in the 2020s. Contributors explain contexts for degrowth’s significance, elaborate its diverse history and detail its unique approaches, practices, challenges and potential futures. Part I sets...

An increasing number of tourism researchers now advance the notion of tourism degrowth as a serious and viable alternative to the mainstream, growth-oriented approach to managing tourism development. The paper seeks to clarify, at a conceptual level, the well-being implications of tourism...

In economic science, the content coverage and characteristics of natural capital as a determinant of economic growth were often discussed by affirming the paradigm of sustainability at the end of the previous century. The largest number of researchers supported the thesis that economic growth...

In seinem jüngsten Beitrag im Wirtschaftsdienst "Kein Wachstum ist auch keine Lösung - eine Kritik an Degrowth- und Postwachstumsansätzen" greift Fabian Lindner eine essenziell wichtige Debatte auf: Können die Ziele der Pariser Klimakonferenz - die Beschränkung der Erderwärmung auf nicht...

Many socio-economic systems require positive economic growth rates to function properly. Given uncertainty about future growth rates and increasing evidence that economic growth is a driver of social and environmental crises, these growth dependencies pose serious societal challenges. In recent...

Die Demokratie in Deutschland steht vor einer Bewährungsprobe. Kritik und Radikalisierung wachsen, Akzeptanz und Unterstützung schwinden. Das hat viele Ursachen - nicht zuletzt ökonomische. Die Wachstumsschwäche wird zu einem Problem der "Tragfähigkeit". Durch eine Überlastung von...

The Degrowth movement advocates a radical shift from our capitalist economic system to one based on human needs, planetary boundaries, and economic democracy. The literature, however, often neglects detailing the concrete coordination mechanisms of a Degrowth economy. This paper addresses this...

'Labour Law Utopias' engages with new socioeconomic ideas that look beyond the current growth-driven competitive market economy. It explores alternative approaches and what those would mean for work in general, and labour law in particular.

Introduction -- chapter 1. Some methodological issues -- chapter 2. Which capitalism -- chapter 3. Capitalism has an end -- chapter 4. The future of capitalism is unknown -- chapter 5. Capitalism has problems but will survive -- chapter 6. Population and environment -- chapter 7. Problems of...

The economic expansion witnessed in the last 0,08% of modern human history is an anomalous event. It has been compared to a "rocket ship that took off five seconds ago, and nobody knows where it's going." This paper explores the destiny of this rocket ship. It shows that economic growth cannot...

This paper traces the links between post-socialist transformations and the degrowth movement. Based on a series of workshops entitled “Degrowth Enthusiasm and the Eastern Blues” that we organised in recent years, this paper focuses on the following questions: what can we learn from the...

The concept of ‘frugal abundance’ has recently been mentioned in numerous degrowth publications and even presented as “the essence of degrowth” (Kallis et al., 2022, p.2). However, it has not yet been clearly conceptualised. The aim of this article is to start filling this gap through a...

Highlights• If pessimist assumptions on decoupling by degrowth scholars are correct, stringent climate goals presuppose an economic collapse of unseen magnitude• Alternatively, stringent climate goals such as 1,5°C, are not attainable• These pessimist assumptions are, however, not based...

The Degrowth Movement calls for "degrowth" - a reduction in GDP in advanced economies - to avert an ecological crisis. This paper argues that the Degrowth Movement misses that the West is already in a state resembling degrowth - a Great Stagnation. This state of degrowth and its correlates,...