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#SecularStagnation

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Mark Burton<p>&quot;Capitalism’s growth motor is broken and while there will be temporary repairs, nobody knows how to fix it long term. ‘Deregulation’, the weakening of hard-won protections for people and planet, is again fashionable but while it might give a temporary boost, it won’t change the underlying realities. Instead it will make their impact greater.&quot;<br /><a href="https://mstdn.social/tags/SecularStagnation" class="mention hashtag" rel="tag">#<span>SecularStagnation</span></a> <a href="https://mstdn.social/tags/degrowth" class="mention hashtag" rel="tag">#<span>degrowth</span></a> <span class="h-card" translate="no"><a href="https://mstdn.social/@degrowthuk" class="u-url mention">@<span>degrowthuk</span></a></span> <a href="https://mstdn.social/tags/ProspectsForDegrowth" class="mention hashtag" rel="tag">#<span>ProspectsForDegrowth</span></a></p>
Asymptosis<p>As insane wealth concentration gets ever more extreme, wealth turnover in annual spending — the very stuff of economic activity — plummets. </p><p>Covid-era spending was just another step down.</p><p>The arithmetic of this is not complicated. <a href="https://mastodon.world/tags/SecularStagnation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SecularStagnation</span></a></p>
CUSP :verified:<p>Politicians remain wedded to <a href="https://mstdn.social/tags/growth" class="mention hashtag" rel="tag">#<span>growth</span></a> as the solution to all problems. But that growth has gone. &quot;To all intents and purposes, we&#39;re already living in a kind of <a href="https://mstdn.social/tags/postgrowth" class="mention hashtag" rel="tag">#<span>postgrowth</span></a> economy. But we haven&#39;t figured out how to make that work.&quot;</p><p><span class="h-card" translate="no"><a href="https://mstdn.social/@ProfTimJackson" class="u-url mention">@<span>ProfTimJackson</span></a></span> on <a href="https://mstdn.social/tags/RadioNZ" class="mention hashtag" rel="tag">#<span>RadioNZ</span></a> with Kim Hill → <a href="https://cusp.ac.uk/themes/aetw/tj-radionnz-jan23/" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">cusp.ac.uk/themes/aetw/tj-radi</span><span class="invisible">onnz-jan23/</span></a></p><p>__<br />cc <a href="https://mstdn.social/tags/degrowth" class="mention hashtag" rel="tag">#<span>degrowth</span></a> <a href="https://mstdn.social/tags/wellbeingeconomy" class="mention hashtag" rel="tag">#<span>wellbeingeconomy</span></a> <a href="https://mstdn.social/tags/beyondgdp" class="mention hashtag" rel="tag">#<span>beyondgdp</span></a> <a href="https://mstdn.social/tags/secularstagnation" class="mention hashtag" rel="tag">#<span>secularstagnation</span></a></p>
CUSP :verified:<p>Politicians’ growth fetish is the problem—and Sunak is headed for the same budget trap as Truss | New <span class="h-card" translate="no"><a href="https://mstdn.social/@TheGuardian" class="u-url mention">@<span>TheGuardian</span></a></span> Op-ed by <span class="h-card" translate="no"><a href="https://mstdn.social/@ProfTimJackson" class="u-url mention">@<span>ProfTimJackson</span></a></span> → <a href="https://www.theguardian.com/commentisfree/2022/nov/16/politicians-growth-fetish-sunak-budget-climate" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/commentisfree/</span><span class="invisible">2022/nov/16/politicians-growth-fetish-sunak-budget-climate</span></a></p><p>&quot;To all intents and purposes, we’re already living in a post-growth world. And it’s time to take that challenge seriously.&quot;</p><p>___<br /><a href="https://mstdn.social/tags/AutumnBudget" class="mention hashtag" rel="tag">#<span>AutumnBudget</span></a> <a href="https://mstdn.social/tags/RishiSunak" class="mention hashtag" rel="tag">#<span>RishiSunak</span></a> <a href="https://mstdn.social/tags/JeremyHunt" class="mention hashtag" rel="tag">#<span>JeremyHunt</span></a> <a href="https://mstdn.social/tags/UKtreasury" class="mention hashtag" rel="tag">#<span>UKtreasury</span></a> <a href="https://mstdn.social/tags/PostGrowth" class="mention hashtag" rel="tag">#<span>PostGrowth</span></a> <a href="https://mstdn.social/tags/Degrowth" class="mention hashtag" rel="tag">#<span>Degrowth</span></a> <a href="https://mstdn.social/tags/SecularStagnation" class="mention hashtag" rel="tag">#<span>SecularStagnation</span></a> <a href="https://mstdn.social/tags/Recession" class="mention hashtag" rel="tag">#<span>Recession</span></a> <a href="https://mstdn.social/tags/WellbeingEconomy" class="mention hashtag" rel="tag">#<span>WellbeingEconomy</span></a> <a href="https://mstdn.social/tags/GrowthDependency" class="mention hashtag" rel="tag">#<span>GrowthDependency</span></a> <a href="https://mstdn.social/tags/BeyondGDP" class="mention hashtag" rel="tag">#<span>BeyondGDP</span></a> <a href="https://mstdn.social/tags/EconTwitter" class="mention hashtag" rel="tag">#<span>EconTwitter</span></a></p>
CUSP :verified:<p><span class="h-card" translate="no"><a href="https://transformacion.social/@cedric" class="u-url mention">@<span>cedric</span></a></span> Hi Cedric, not sure I understand you correctly, but it&#39;s not just a language exercise—an angle rather to address the underlying dysfunction (<a href="https://mstdn.social/tags/SecularStagnation" class="mention hashtag" rel="tag">#<span>SecularStagnation</span></a>): when growth is actually not to be had anymore (whatever the understandings of necessity to go <a href="https://mstdn.social/tags/beyondgrowth" class="mention hashtag" rel="tag">#<span>beyondgrowth</span></a>), the need for tackling the dependency on it becomes evident to a far wider range of actors in the system. And &#39;de-ideologised&#39; if you like. → <a href="https://cusp.ac.uk/themes/aetw/briefing-paper-no1/" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">cusp.ac.uk/themes/aetw/briefin</span><span class="invisible">g-paper-no1/</span></a> <a href="https://mstdn.social/tags/postgrowth" class="mention hashtag" rel="tag">#<span>postgrowth</span></a> <a href="https://mstdn.social/tags/degrowth" class="mention hashtag" rel="tag">#<span>degrowth</span></a> <a href="https://mstdn.social/tags/precautionaryprinciple" class="mention hashtag" rel="tag">#<span>precautionaryprinciple</span></a></p>
CUSP :verified:<p>Embracing the Unthinkable—In 2018, the UK&#39;s Ministry of Defence commissioned work on <a href="https://mstdn.social/tags/SecularStagnation" class="mention hashtag" rel="tag">#<span>SecularStagnation</span></a> for the Strategic Trends review. Here&#39;s a blog by Alan Simpson—recovering politician by his own account—sharing some reflections about the research, and subsequent briefing paper for the All-Party Parliamentary Group on <a href="https://mstdn.social/tags/LimitsToGrowth" class="mention hashtag" rel="tag">#<span>LimitsToGrowth</span></a>. → <a href="https://cusp.ac.uk/themes/aetw/blog_as_embracing-the-unthinkable/" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">cusp.ac.uk/themes/aetw/blog_as</span><span class="invisible">_embracing-the-unthinkable/</span></a> <span class="h-card" translate="no"><a href="https://mstdn.social/@ProfTimJackson" class="u-url mention">@<span>ProfTimJackson</span></a></span> <br />___<br />cc <a href="https://mstdn.social/tags/PostGrowth" class="mention hashtag" rel="tag">#<span>PostGrowth</span></a> <a href="https://mstdn.social/tags/Degrowth" class="mention hashtag" rel="tag">#<span>Degrowth</span></a> <a href="https://mstdn.social/tags/GrowthDependency" class="mention hashtag" rel="tag">#<span>GrowthDependency</span></a> <a href="https://mstdn.social/tags/WellbeingEconomy" class="mention hashtag" rel="tag">#<span>WellbeingEconomy</span></a> <a href="https://mstdn.social/tags/ClimateChange" class="mention hashtag" rel="tag">#<span>ClimateChange</span></a> <a href="https://mstdn.social/tags/EconTwitter" class="mention hashtag" rel="tag">#<span>EconTwitter</span></a> <a href="https://mstdn.social/tags/GDP" class="mention hashtag" rel="tag">#<span>GDP</span></a> <a href="https://mstdn.social/tags/Austerity" class="mention hashtag" rel="tag">#<span>Austerity</span></a></p>
CUSP :verified:<p>Economic Growth—can we ever have enough? | BBC Radio 4 Analysis with @ProfTimJackson, Jayati Ghosh, Danny Dorling, Benjamin Friedman, Motohiro Sato and Diane Coyle.⁠ Listen via → <a href="https://www.bbc.co.uk/programmes/m001dwv0" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://www.</span><span class="">bbc.co.uk/programmes/m001dwv0</span><span class="invisible"></span></a><br />___⁠<br /><a href="https://mstdn.social/tags/BBCRadio4" class="mention hashtag" rel="tag">#<span>BBCRadio4</span></a> cc <a href="https://mstdn.social/tags/ProsperityWithoutGrowth" class="mention hashtag" rel="tag">#<span>ProsperityWithoutGrowth</span></a> <a href="https://mstdn.social/tags/PostGrowth" class="mention hashtag" rel="tag">#<span>PostGrowth</span></a> <a href="https://mstdn.social/tags/Postwachstum" class="mention hashtag" rel="tag">#<span>Postwachstum</span></a> <a href="https://mstdn.social/tags/PostCroissance" class="mention hashtag" rel="tag">#<span>PostCroissance</span></a> <a href="https://mstdn.social/tags/PostCrecimiento" class="mention hashtag" rel="tag">#<span>PostCrecimiento</span></a> <a href="https://mstdn.social/tags/LifeAfterCapitalism" class="mention hashtag" rel="tag">#<span>LifeAfterCapitalism</span></a> <a href="https://mstdn.social/tags/Degrowth" class="mention hashtag" rel="tag">#<span>Degrowth</span></a> <a href="https://mstdn.social/tags/Decroissance" class="mention hashtag" rel="tag">#<span>Decroissance</span></a> <a href="https://mstdn.social/tags/Decrecimiento" class="mention hashtag" rel="tag">#<span>Decrecimiento</span></a> <a href="https://mstdn.social/tags/BeyondGDP" class="mention hashtag" rel="tag">#<span>BeyondGDP</span></a> <a href="https://mstdn.social/tags/BeyondGrowth" class="mention hashtag" rel="tag">#<span>BeyondGrowth</span></a> <a href="https://mstdn.social/tags/GrowthDependency" class="mention hashtag" rel="tag">#<span>GrowthDependency</span></a> <a href="https://mstdn.social/tags/WellbeingEconomy" class="mention hashtag" rel="tag">#<span>WellbeingEconomy</span></a> <a href="https://mstdn.social/tags/Economics" class="mention hashtag" rel="tag">#<span>Economics</span></a> <a href="https://mstdn.social/tags/SecularStagnation" class="mention hashtag" rel="tag">#<span>SecularStagnation</span></a></p>
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