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
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Recent Comments

  • paul barker
    Reform had a relatively good night because several of the contests fell in areas where they are relatively strong, however they are still going down steadily, 4...
  • suzanne fletcher
    thank you @Peter Wrigley, yes saw the Liberator article, and David Grace's too. @William Wallace, the jazz band - well words fail, I was in tears before we had...
  • Caron LindsayCaron Lindsay
    We usually do. Apologies if we missed it this year....
  • William Wallace
    So lots of us were at Michael Meadowcroft's funeral service, but none of you have mentioned the splendid jazz band... I had dug out some of Michael's pamphlets...
  • Peter wrigley
    @Suzanne Fletcher. Please feel free to quote whatever you wish. You might also find GordonLishman's obituary for Michael in the latest Liberator a useful sourc...