Chris ~

2716 days ago

This article provides the first empirical analysis of how close modern-day economies are to the concept of a “steady-state economy”, and explores whether there is any relationship between a country's proximity to such an economy and its social performance. The analysis is carried out using the Degrowth Accounts, a set of 16 biophysical and social indicators that are derived from Herman Daly's definition of a steady-state economy and the social goals of the degrowth movement.

The proximity of nations to a socially sustainable steady-state economy

sciencedirect.com

There has been increasing interest in new economic models that aim to improve quality of life without increasing consumption.