Tag Archives: steady state economy

Helen Flynn

Why liberals should embrace the Steady State Economy

By Helen Flynn | Fri 9th December 2016 - 11:55 am

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 …

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Posted in Op-eds | Also tagged and | 35 Comments
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  • Caron LindsayCaron Lindsay
    I thought the sardines were representing you being squashed into the buses! This time next year, I'll have my bus pass, but I won't be able to use it outside...
  • tony/Cumbria
    25 years? and I thought a week was along time in politics!!...
  • Ruth Bright
    We will miss you too Caron. Hope your weekend is as comfy (and full of Strictly sequins!) as is possible in these challenging circumstances....
  • David Barnsdale
    The growth in polarization is attributed to social media but to an extent the forms of social media that we now have (that reward tribalism) is shaped by ideas ...
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    Graham Jeffs makes a fair point, to which I would ask what's the transfer fee for Mark Carney ?...