Your SlideShare is downloading. ×
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic Perspectives
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Implementing Degrowth; Evolutionary Economic Perspectives

1,219

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,219
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
37
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • MEANS physical growth (spatial & techn. expansion) profit driven innovations commercial strategies (cheap natural & human resources; marketing, advertising) institutional strategies (enclosures, market creation, deregulation & selective liberalisation) capitalisation & concentration
  • self-expansion, diffusion & acceleration property economy self-expansion capitalist criteria diffusion circular & cumulative process path dependency institutional & technological path dependence internal criteria reinforcement alternative options’ discrimination lock-in institutional & technological internal enclosure alternative options’ elimination involution, non adaptation & collapse
  • overcoming double bind (awareness, creativity, internal growth…)
  • Transcript

    • 1. Pascal van Griethuysen Graduate Institute of International and Development Studies Geneva, Switzerland Implementing Degrowth : Evolutionary Economic Perspectives Second International Conference on Economic Degrowth for Ecological Sustainability and Social Equity Barcelona – 28.03.2010
    • 2. Outline
      • Issues & approach
      • Property & capitalist expansion
      • Eco-social repercussions & Degrowth
      • Implementing Degrowth
      • Obstacles
      • Conclusions
    • 3. Conceptualisaing Degrowth ISSUES & APPROACH
      • understanding degrowth
      • understanding growth
      • multiple dimensions & temporalities (eco-biophysical, sociocultural, institutional & monetary levels)
      • integrative & differentiated approach
      • evolutionary economic perspective
      • property as constitutive institution of capitalism
    • 4. Capitalist Economy PROPERTY INSTITUTION
      • property titles (material & immaterial yields)
      • credit relation & money creation
      • capitalisation & self-expansion
    • 5. Monetary capitalisation CREDIT RELATION solvability profitability time pressure Creditor Debtor financing (money creation) payback + interest limited time
    • 6. Property Economy Condition : CAPITALIST SELF EXPANSION Property material & immaterial assets Financed activities money creation
      • circular & cumulative property self-expansion
      monetary return monetary return  monetary value of engaged property
    • 7. END :  property value = monetary growth MEANS ?
      • physical growth ( spatial expansion, biotic resources overexploitation, industrialisation, mineral resources depletion )
      • commercial strategies ( lay-off, delocalisation, marketing, advertising )
      • institutional strategies ( commoditisation, enclosure, market creation; selective deregulation & liberalisation )
      • profit driven innovations ( technical, commercial, financial & institutional )
      • property capitalisation & concentration ( acquisitions & fusions )
    • 8. Property Economy ABS’ EXPANSION (USB$)
    • 9. Property expansion ECO-SOCIAL CONSEQUENCES
      • resources depletion & surexploitation
      • ecological degradation
      • widening inequities (exclusion, power concentration)
      • eco-social vicious dynamics
    • 10. The Degrowth transformation A HIERARCHY INVERSION property expansion eco-social considerations subordinated to economic capitalist rationality Economic rationality sustainable development economic activities subordinated to eco-social considerations Eco-social rationale Degrowth
    • 11. Implementing Degrowth GENERAL APPROACH
      • subordinate property expansion to eco-social considerations
      • multiple dimensions & temporalities
      • integrated strategy & articulated policies
    • 12. Implementing Degrowth INTEGRATED MULTI-LEVEL STRATEGY Property Financed activities money creation monetary return scoping property confining expansion regulating capitalisation orienting investments allocating returns
    • 13. Implementing Degrowth SCOPING PROPERTY
      • legislation & conditional exclusiveness (eco-social obligations, exclusiveness limited in scope & time)
      • excluding domains from exclusiveness ( world level to avoid dumping )
      • alternative ownership arrangements ( individual, common and state property/possession )
      • alternative partnerships and networks (individual/private, common/collective and state combination)
    • 14. Implementing Degrowth REGULATING CAPITALISATION
      • regulation of 1 st order capitalisation ( credits, stock-option creation )
      • sound banking’s 3 pillars ( debtor’s solvency, debtor’s collateral, creditor’s reserve )
      • ban of 2 nd order capitalisation ? ( derivatives, securitization & leveraging )
    • 15. Implementing Degrowth ORIENTING INVESTMENTS
      • criteria for responsible investment
      • responsible management of mineral resources
      • sustainable use of biotic resources
      • locally anchored activities
      • technological diversity promotion
    • 16. Implementing Degrowth ALLOCATING RETURNS
      • wealth created trough self-organised capitalisation & oriented investments
      • institutional & fiscal modalities for equitable distribution
      • intra- & inter-generational levels
    • 17. Implementing Degrowth CONFINING PROPERTY EXPANSION
      • sustainable development corridor
      • eco-social norms & standards (ecological maxima & social minima)
      • eco-social multi-level monitoring
      • adaptable, evolutionary norms
    • 18. Degrowth transition MAIN OBSTACLES
      • vested interests
      • power relations
      • property economy’s specific path
    • 19. property expansion institutional framework influence reinforcement INSTITUTIONAL LOCK IN Property expansion path capitalist ever more compatible institutional arrangements
    • 20. CLIMATE REGIME
      • capitalist initial compatibility (UNFCCC)
      • marginal environmental objective (Kyoto)
      • capitalist compatible arrangements (market creation, resources’ enclosure & commoditisation, capitalisation)
      • alternatives’ eviction (contraction/convergence)
      • governance lock-in (Copenhagen)
      Capitalist institutional arrangements
    • 21.
      • property-based capitalist rationality & growth
      • eco-social repercussions : need for transition
      • degrowth & eco-social rationale
      • integrated strategy of articulated policies
      • multi-level institutional regime
      • capitalist path dependency & lock-in
      Conclusion

    ×