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growth vs development _ citizen renaissance

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SEARCH HOME ABOUT THE BOOK THE BOOK IN TWEETS CONTRIBUTE CITIZENS COMMUNICATIONS DIGITAL DEMOCRACY LEADERSHIP NEW ECONOMICS POLITICS SUSTAINABILITY WELLBEING Leading American economist Herman Daly illustrates the fundamental difference between growth and development by these definitions: Growth – the quantitative increase in size or throughput of biophysical matter. Daly has argued economic growth is based on the “limitless transformation of natural capital into manmade capital”. Development – the qualitative improvement in economic welfare from increased quality of goods and services as defined by their ability to increase human wellbeing. This infers promoting increased economic activity only insofar as it does not exceed the capacity of the ecosystem to sustain it. This sustainable form of development is defined in terms of throughput – the metabolic flow through the economy from sources of useful, low entropy matterenergy to sinks for wastes which are high entropy matterenergy. Sustainability requires that the throughput be within the regenerative capacities of renewable natural resources, and within the assimilative capacities of natural sinks. And it’s not just archbishops and treehuggers who are questioning growth. Since the 50s eminent writers and economists like Galbraith, Mishan, Boulding and Schumacher have done so. Herman Daly was once the Senior Economist at the World Bank. Adair Turner, former head of the CBI, said in the 2008 book Do Good Lives Have to Cost the Earth that we need to “dethrone growth”. As we have shown, GDP is a bad measure of true progress. Currently GDP conflates qualitative improvement (development) with quantitative increase (growth). The sustainable economy must at some point stop growing, but it need not stop developing. There is no reason to limit the qualitative improvement in design of products, which can deliver to real human needs without increasing the amount of resources used. The main idea behind sustainability is to shift the path of progress from growth, which is not sustainable, toward development, which can be. RSS Feed Twitter followers DOWNLOAD THE BOOK Your Name Your Email SOCIAL LINKS ABOUT CITIZEN RENAISSANCE Citizen Renaissance was conceived by Jules Peck and Robert Phillips in the spring of 2008 – on the eve of the global economic crisis and before The Big Society had really seen the light of day. Originally published as a wiki , Citizen Renaissance explores the collision of the three seismic shifts of our time: the perfect storm surrounding Climate Change; the Wellbeing Imperative; and the axiomatic rise of Digital Democracy. At its heart lies a call for more citizen centric thinking and behaviour and an end to the global imbalance of Wants & Needs. Citizen Renaissance continues today as a forum for thought; a platform for the exchange of ideas; and as a collaborative project that seeks to develop a Manifesto for Change. THE AUTHORS Jules Peck was Director of David Cameron’s Quality of Life Policy Group, advising the Conservative Party on wellbeing and environment issues. Robert Phillips is a Writer and Thinker. He was previously President & CEO, EMEA, of Edelman, the world's largest Public Relations firm. Although a committed workaholic and Manchester United fan, Robert is still determined to change the world in his spare time. Download the Book RECENT POSTS From Common Good to Public Value Jun 4, 2014 This is an archived version of Citizen Renaissance (retired in January 2014) Book published online in 2008, Blogs and Articles 20082013 More thinking from Jules Peck and Robert Phillips now available on www.jerichochambers.com Growth vs Development 1 Comment « Previous Page Next Page »

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  • SEARCH HOMEABOUTTHEBOOKTHEBOOKINTWEETSCONTRIBUTE

    CITIZENS COMMUNICATIONS DIGITALDEMOCRACY LEADERSHIP NEWECONOMICS POLITICS SUSTAINABILITY WELLBEING

    LeadingAmericaneconomistHermanDalyillustratesthefundamentaldifferencebetweengrowthanddevelopmentbythesedefinitions:

    Growththequantitativeincreaseinsizeorthroughputofbiophysicalmatter.Dalyhasarguedeconomicgrowthisbasedonthelimitlesstransformationofnaturalcapitalintomanmadecapital.Developmentthequalitativeimprovementineconomicwelfarefromincreasedqualityofgoodsandservicesasdefinedbytheirabilitytoincreasehumanwellbeing.Thisinferspromotingincreasedeconomicactivityonlyinsofarasitdoesnotexceedthecapacityoftheecosystemtosustainit.

    Thissustainableformofdevelopmentisdefinedintermsofthroughputthemetabolicflowthroughtheeconomyfromsourcesofuseful,lowentropymatterenergytosinksforwasteswhicharehighentropymatterenergy.Sustainabilityrequiresthatthethroughputbewithintheregenerativecapacitiesofrenewablenaturalresources,andwithintheassimilativecapacitiesofnaturalsinks.

    Anditsnotjustarchbishopsandtreehuggerswhoarequestioninggrowth.Sincethe50seminentwritersandeconomistslikeGalbraith,Mishan,BouldingandSchumacherhavedoneso.HermanDalywasoncetheSeniorEconomistattheWorldBank.AdairTurner,formerheadoftheCBI,saidinthe2008bookDoGoodLivesHavetoCosttheEarththatweneedtodethronegrowth.

    Aswehaveshown,GDPisabadmeasureoftrueprogress.CurrentlyGDPconflatesqualitativeimprovement(development)withquantitativeincrease(growth).Thesustainableeconomymustatsomepointstopgrowing,butitneednotstopdeveloping.Thereisnoreasontolimitthequalitativeimprovementindesignofproducts,whichcandelivertorealhumanneedswithoutincreasingtheamountofresourcesused.Themainideabehindsustainabilityistoshiftthepathofprogressfromgrowth,whichisnotsustainable,towarddevelopment,whichcanbe.

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    SOCIALLINKS

    ABOUTCITIZENRENAISSANCE

    CitizenRenaissancewasconceivedbyJulesPeckandRobertPhillipsinthespringof2008ontheeveoftheglobaleconomiccrisisandbeforeTheBigSocietyhadreallyseenthelightofday.Originallypublishedasawiki,CitizenRenaissanceexploresthecollisionofthethreeseismicshiftsofourtime:theperfectstormsurroundingClimateChangetheWellbeingImperativeandtheaxiomaticriseofDigitalDemocracy.AtitsheartliesacallformorecitizencentricthinkingandbehaviourandanendtotheglobalimbalanceofWants&Needs.CitizenRenaissancecontinuestodayasaforumforthoughtaplatformfortheexchangeofideasandasacollaborativeprojectthatseekstodevelopaManifestoforChange.

    THEAUTHORS

    JulesPeckwasDirectorofDavidCameronsQualityofLifePolicyGroup,advisingtheConservativePartyonwellbeingandenvironmentissues.

    RobertPhillipsisaWriterandThinker.HewaspreviouslyPresident&CEO,EMEA,ofEdelman,theworld'slargestPublicRelationsfirm.AlthoughacommittedworkaholicandManchesterUnitedfan,Robertisstilldeterminedtochangetheworldinhissparetime.

    DownloadtheBook

    RECENTPOSTS

    FromCommonGoodtoPublicValueJun4,2014

    ThisisanarchivedversionofCitizenRenaissance(retiredinJanuary2014)Bookpublishedonlinein2008,BlogsandArticles20082013MorethinkingfromJulesPeckandRobertPhillipsnowavailableonwww.jerichochambers.com

    GrowthvsDevelopment1Comment

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  • FromCommonGoodtoPublicValue1commentayearago

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    AnnetteRueTheCheapNikeFreeRunhasahistoryofdiscriminatorypracticeswhichissupportedbythe

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    AnnetteRueHemustknowaboutthediscriminatorypracticesoftheNBAwhichareallmattersofpublic

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