Degrowth's search for a qualitatively and quantitively different economy is given legitimacy by the severity of the socio-ecological crisis, paired with a lack of evidence that resource use and environmental impact can be decoupled in absolute terms at a meaningful point in time and studies...

The starting point for estimating firm-specific steady-state growth, which is a critical assumption in implementing fundamental valuation, is the expected long-term growth rate of the economy in which the company operates. This study provides evidence that supports using the risk-free long-term...

This article questions the assumptions, sustainability and ethics of endless economic growth on the basis of environmental science, ecological economics and ecological ethics. It considers the impossibility and unsustainability of endless physical growth on a finite planet. It considers the...

Sustainable development came of age with the adoption by the United Nations General Assembly of the Sustainable Development Goals (SDGs) in 2015. The SDGs represent a commitment by world leaders to achieve integrated and interdependent economic, social, and environmental targets by 2030, with...

Every week, the media report stories of environmental destruction. Most of this destruction has been caused either directly or indirectly by economic activity. While the media attention mainly focuses on climate change, serious issues are also emerging regarding the availability of fresh water,...

"Offering a counter-history of how economic growth emerged in the context of colonialism, fossil-fueled industrialization, and capitalist modernity, The Future is Degrowth argues that the ideology of growth conceals the rising inequalities and ecological destructions associated with capitalism."

Introduction PART I: The Aristotelian Tradition of the Political Friendship1. The Aristotelian Political Friendship2. The Caring Heart of Political Friendship 3. Between Political Friendship and Political CarePART II: Modern Economic Accounts of Political Friendship4. Marx⁰́₉s...

The feasibility and desirability of endless economic growth is being increasingly questioned by scholars and activists. While envisioning alternative economic models is key to assure the sustainability and wellbeing of present and future generations, few studies have analysed what might be the...

We compute steady-state economic growth - defined as the rate of growth that the economy would converge to in the absence of new shocks. This rate can be computed in real-time by means of a parsimonious time-varying parameter (TVP) VAR model. Our procedure offers a relatively agnostic estimation...

We study how changes in the steady-state real interest rate affect the optimal inflation target in a New Keynesian DSGE model with trend inflation and a lower bound on the nominal interest rate. In this setup, a lower steady-state real interest rate increases the probability of hitting the lower...

The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. On the one hand, this excess saving is due to people's increasing inclination to save in light of rising life...

The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. On the one hand, this excess saving is due to people's increasing inclination to save in light of rising life...

Die Herausgeber wollen mit diesem Band ein Neu-Denken von auf Wachstum basierenden Wirtschaftsformen und damit einhergehenden Gesellschaftsformen anregen, mögliche Alternativen zu traditionellen Wachstumsdebatten aufzeigen und neue Formen der Organisation von Wirtschaft und Gesellschaft zur...

Intro -- Vorwort: Orientierung in unübersichtlichen Zeiten -- Inhalt -- 1. Eine Provokation -- PROBLEMAUFRISS -- 2. Mittendrin in der Vielfachkrise -- 3. Die große Beschleunigung -- 4. Alles Klima, oder was? -- 5. Nachhaltige Nicht-Nachhaltigkeit -- DENKWEISEN -- 6. Die Software in unseren...