Tag Archives: steady state economy

Why liberals should embrace the Steady State Economy

One of the saddest things about the lurch to extremism and the right wing of the political spectrum over the past few years—and especially these last few months—has been that attention has been taken away from the significant problems with capitalism and its reliance on continued growth that the 2008 crash had exposed.

The Classical Economists, in particular Adam Smith and John Stuart Mill, had already theorised centuries ago that growth could not go on forever and that eventually states would enter the condition of being a “stationary state”.  John Stuart Mill wrote that the “increase of wealth is not boundless….the …

Posted in Op-eds | Also tagged and | 35 Comments
Advert

Recent Comments

  • Hywel
    "Andy Burnham has consolidated the centre left, pushed Reform to the margins and made a progressive coalition government the new baseline. " Has he? The evi...
  • Tristan Ward
    I have been out calling on known supporters asking for help today in one of our top 10 target seats. The response was enthusiastic and I recruited 5 new helpers...
  • Jana
    @Simon McGrath “ Ironic that the first comment is anti semitic conspiracy theory.” I don’t understand this statement. There is no disagreement that th...
  • Andy Daer
    Alex reminds us of the historical reasons why British prime ministers need to take responsibility for the awful consequences of our failures during the Mandate ...
  • Margot Wilson
    So refreshing to see that history recognised. 'Absent from the wider public consciousness' is certainly the case....