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Prosperity without Growth: Economics for a Finite Planet [Hardcover]

Tim Jackson
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Product details

  • Hardcover: 288 pages
  • Publisher: Routledge; First edition (16 Oct 2009)
  • Language English
  • ISBN-10: 1844078949
  • ISBN-13: 978-1844078943
  • Product Dimensions: 21.6 x 15.7 x 2.8 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (28 customer reviews)
  • Amazon Bestsellers Rank: 182,242 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Tim Jackson
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Review

'On a planet with finite resources, perpetual growth is not only impossible, but it is endangering the survival of present and future generations. I urge everyone to read Tim Jackson's brilliant and visionary book. He offers a detailed critique of the existing economic paradigm, and makes compelling suggestions for a shared and lasting prosperity.' - Bianca Jagger, Founder and Chair, Bianca Jagger Human Rights Foundation; Council of Europe Goodwill Ambassador; Member of the Executive Director's Leadership Council, Amnesty International, USA; Trustee, Amazon Charitable Trust

'In a world of massive inequality and limited resources, Tim Jackson asks the fundamental questions of what prosperity really is and how we can invest not just in material goods but in each other. This is an outstandingly intelligent and creative contribution to debate.' - The Most Revd and Rt Hon Dr Rowan Williams, Archbishop of Canterbury

'Tim Jackson offers a penetrating insight into our current state of affairs, and a thought-provoking pathway towards redesigning our future.' - Dame Ellen MacArthur

'The question of whether progressives should abandon growth or continue a champion it remains unresolved. But attempts to short-circuit that debate by dismissing de-growth as 'pie-in-the-sky' now face the demanding task of refuting this impressive work. I look forward to Tim Jackson's further elaboration of it.' - David Choat, Policy Progress blog

'One of the most outstanding pieces of environmental economics literature in recent years' - Le Monde

'A new movement seems to be emerging, and this superbly written book should be the first stop for anyone wanting a manifesto... In terms of a worldview for the new decade and beyond, this could well be the most important book you will read.' - The Guardian

'One of the best books of 2009' - Financial Times

'Bold and provocative...' - The New York Times

'In the teeth of the economic crisis, Jackson has written the most important book that could possibly be written now.' - James Gustave Speth, author of The Bridge at the Edge of the World

'This might well become as important for sustainable development as the Brundtland Report.' - Paul-Marie Boulanger, Director of IDD

'Prosperity without Growth's hugely encouraging and thrilling theme is that humanity can prosper without growth.In fact there is no other way left to us.' - Dr Robert Goodland, former Adviser to the World Bank Group, winner of World Conservation Union's Coolidge Medal of Honor, 2008

'Tim Jackson's book simply resets the agenda for Western society.' - Bernie Bulkin, SDC commissioner for Climate Change, Energy and Transport

'A must-read for anyone concerned with issues of climate change and sustainability - bold, original and comprehensive. We have to define prosperity and welfare differently from the past and separate them from economic growth measured as GDP: this work shows how we should set about the task.' - Anthony Giddens, Emeritus Professor, London School of Economics

'Jackson's cutting edge research has already begun to re-define the debate about how to achieve a future of human and planetary well-being. A must-read.' - Juliet Schor, author of Plenitude: The New Economics of True Wealth, and Professor of Sociology, Boston College

'Jackson goes after the complacency and dishonesty at the heart of contemporary politics, and provides a brilliant and compelling account of the crucial importance of the growth debate.' - Jonathon Porritt, former chair of the UK Sustainable Development Commission

 'The best account of the financial crises and the state of society I have read in a long time. . . The beauty is that the change that is needed will make us happier.' - Clare Short, MP

'Zero growth is not only necessary, it is inevitable and will supercede Selfish Capitalism. In this brilliant analysis, Tim Jackson lays bare a system in crisis and lights the way forward.' - Oliver James, Author of Affluenza

'Tim Jackson provides a convincing case as to why conventional economic growth has not and cannot deliver prosperity. By showing why this is the case, we have the tools to start to build an economy based on sustainable development.' - Jan Bebbington, Professor of Accounting and Sustainable Development, University of St Andrews

'A vital, much-needed, and timely work that deserves to be widely read, this is more than a brilliant treatise on the difficulties of developing a truly sustainable economy. It is also an important contribution to the increasingly urgent debate over the nature of the good life and the good society.' - Professor Colin Campbell, Emeritus Professor of Sociology, University of York

'Economic growth is both unsustainable on a finite planet and undesirable in its failure to continue to improve real welfare. What we need is true prosperity without growth. Why we must have this and how it can be achieved are compellingly explained in this essential work. It is not sacrifice to adopt the measures advocated. It is a sacrifice of our current and future well-being not to.' - Robert Costanza, Portland State University Professor of Sustainability and Director, Institute for Sustainable Solutions

'Provokes official thought on the unthinkable. No small accomplishment! I hope this gets the serious attention it deserves.' - Professor Herman Daly, author of Steady-State Economics and recipient of the Honorary Right Livelihood Award (Sweden's alternative to the Nobel Prize)

'What makes it unthinkable to stop growth even though it is killing us? Tim Jackson boldly confronts the structural Catch-22 that drives this madness and proposes in this lucid, persuasive, and blessedly readable book how we might begin to get off the fast track to self-destruction. Don't miss it!' - Dianne Dumanoski, author of The End of the Long Summer and co-author of Our Stolen Future

'Tim Jackson cuts through the official cant and wishful thinking to tell us what we have refused to admit we cannot preserve a habitable planet and pursue endless economic growth at the same time. In an era when all ideologies have failed, this book lays out the basis for the only viable political philosophy for the 21st century.' - Clive Hamilton, Author of Growth Fetish and Professor of Public Ethics, Centre for Applied Philosophy and Public Ethics, Australia (Forthcoming Earthscan title: Requiem for a Species)

'If you want to understand why current growth centric economics is not fit for purpose then read this book. This is the clearest and most important contribution to proving it's time to rethink growth economics in order to live the low carbon, poverty free and one planet life we all need and want.' - Alan Knight, Founder of Singleplanetliving

'Endless growth on a finite planet, or endless misery-spreading recession, both represent impossible futures. Here are some very powerful steps towards a possible, indeed a very hopeful, alternate outcome!' - Bill McKibben, author of Deep Economy

'We were delighted when Professor Jackson spoke at our July Meeting at Lloyds Banking HQ in London. He endorsed the feelings of many in the BCSD-UK that business as usual is not an option. His clear and concise challenge of what is considered convention is timely and highly appropriate.' - David Middleton, CEO, Business Council for Sustainable Development UK

'Prosperity without Growth says it all: informatively, clearly, inspiringly, critically and constructively, starting from the very troubled, unsustainable and unsatisfying economy we have today and providing a robust combination of suggestions for going toward a sustainable economy and fulfilling lives.' - Richard Norgaard, University of California, Berkeley

'Rising consumption may not be sustainable, due to climate change, energy shortfalls, and to social and psychological harms. In this compelling argument, Tim Jackson shows how urgent it is to think of what might replace it, and what to aim for.' - Avner Offer, Professor of Economic History at Oxford, author of Challenge of Affluence

'Stimulating and timely. This is the best attempt I've seen to build a trans-disciplinary critique of economic growth, with prescriptions based in economic theory.' - Ronan Palmer, Chief Economist, The Environment Agency

'Tim Jackson's book is a powerful intellectual challenge to an economic orthodoxy out of touch with the real world of physical limits, global warming and peaking oil reserves. It is refreshingly rigorous, honest and hopeful.' - Ann Pettifor, Fellow of the new economics foundation and co-author of the Green New Deal

'When it comes to resolving the tension between the environment and the economy the watchword should be 'less is more'. If you want to find out how we could all be healthier, wealthier and a lot wiser you should read this book.' - Molly Scott Cato, Reader in Green Economics, Cardiff School of Management and Economics Speaker for the Green Party

'We live in a finite world but with infinite demands. Human wants, political convenience and intellectual inertia trump planetary limits. Tim Jackson makes headway in setting signposts towards a more sustainable future.' - Camilla Toulmin, Director of the Internation...

Product Description

Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson, a top sustainability adviser to the UK government, makes a compelling case against continued economic growth in developed nations.

No one denies that development is essential for poorer nations. But in the advanced economies there is mounting evidence that ever-increasing consumption adds little to human happiness and may even impede it. More urgently, it is now clear that the ecosystems that sustain our economies are collapsing under the impacts of rising consumption. Unless we can radically lower the environmental impact of economic activity – and there is no evidence to suggest that we can – we will have to devise a path to prosperity that does not rely on continued growth.

Economic heresy? Or an opportunity to improve the sources of well-being, creativity and lasting prosperity that lie outside the realm of the market? Tim Jackson provides a credible vision of how human society can flourish within the ecological limits of a finite planet. Fulfilling this vision is simply the most urgent task of our times.

This book is a substantially revised and updated version of Jackson's controversial study for the Sustainable Development Commission, an advisory body to the UK Government. The study rapidly became the most downloaded report in the Commission's nine year history when it was launched earlier in 2009.

Ten percent of the proceeds from the sale of this book will be donated to rainforest protection

This paperback edition includes a new foreword by HRH The Prince of Wales


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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Customer Reviews

Most Helpful Customer Reviews
68 of 70 people found the following review helpful
By Jeremy Williams TOP 1000 REVIEWER
Format:Hardcover
"An economy predicated on the perpetual expansion of debt-driven materialistic consumption is unsustainable ecologically, problematic socially, and unstable economically" writes Jackson, before explaining three reasons why the growth model of economics is impossible to sustain. Firstly, it assumes that material wealth is an adequate measure of prosperity, when it is actually pretty obvious that a life worth living is much more complicated than that."Our technologies, our economy and our social aspirations are all mis-aligned with any meaningful definition of prosperity"

Secondly, growth is unevenly distributed, and so is doomed to fail at providing a basic standard of living for everyone. Globally, the richest fifth of the world takes home 74% of the income, while the poorest fifth gets just 2%. And thirdly,"we simply don't have the ecological capacity" says Jackson. "By the end of the century, our children and grandchildren will face a hostile climate, depleted resources, the destruction of habitats, the decimation of species, food scarcities, mass migrations and almost inevitably war."

By way of solutions, Jackson prescribes a "new ecologically literate macro-economics" and "shifting the social logic of consumerism", and this is where Prosperity Without Growth comes into its own. It's easy to lament the unsustainable nature of growth economics. It's slightly harder to re-imagine it on the other side. Hardest of all is to detail the transition, how you get from growth to a steady state without breaking the economy. That's the missing piece, and Tim Jackson has boldly stepped into the breach with a book that is clear, balanced and free of political bias. This isn't a blueprint for such a transition, but it does show that it is possible. For that, Prosperity Without Growth has got to be one of the most important books of the year.

Obviously this is a book that will draw strong reactions, and many will dismiss it as environmentalist or socialist nonsense without ever reading it. I'd suggest that's not good enough. If growth is unsustainable, then we need to move beyond it whether we like it or not. "The clearest message from the financial crisis of 2008 is that our current model of economic success is fundamentally flawed" Jackson writes in his conclusion. "For the advanced economies of the western world, prosperity without growth is not a utopian dream. It is a financial and ecological necessity."
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65 of 67 people found the following review helpful
The new frugality 25 Nov 2009
Format:Hardcover
As manifestos go, Prosperity Without Growth ranks as one of the more
well-mannered. Its critique of the path we are taking is devastating.
We have, Jackson persuasively argues, embarked on a consumerist road
which is utterly unsustainable - and ultimately unsatisfying. We are locked in because economic stability has become predicated on continuous growth - the survival of the entire system is thrown into jeopardy if economic growth slows. Governments, even somewhat enlightened governments, find themselves putting materialistic consumption above all else.

There are few villains. No greedy bankers, no grasping multinationals. Rather, as Jackson tells it, we are all victims of a collective self-delusion. Consumer goods become part of `a social conversation' with our families, friends and others because we invest them with meaning, with emotion. Consequently weaning ourselves off retail therapy isn't half as straightforward as you might think.

Prosperity without Growth catches the popular mood of disenchantment in much the same way as Oliver James's Affluenza. Jackson's diagnosis is a good deal more sharply defined than his prescriptions for change: he demands (politely, of course) the "pursuit of an individual frugality". Still here is a well-argued, well-written book which is plainly intent on winning over the sceptical mainstream.
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12 of 12 people found the following review helpful
Format:Hardcover
I believe in the idea of prosperity without growth. The basic logic is simple and overpowering. Limited planet and resources, global warming, growing population, gross international inequality, happiness not related to ever higher wealth levels. I get it and I like the idea even more thanks to this book.

But my primary reading interest / background is economics, and for my personal taste the weakness of this book is the gap between the admirable goals based on viable objectives, and the realities of the competitive international economic trading system.

Most people care about these progressive issues, but also most people feel more forcefully other basic factors affecting their economic existence. When unemployment rises, a priority of the whole country rightly becomes reducing it. I recognise the need to move away from free market capitalist globalisation as much as anyone, but you need a coherent economic stance which physically engages with trade relationships, not just a set of worthy objectives and values.

For example, consider if this book succeeded in persuading all of Britain to follow these aims of less growth, less inequality and greater focus on environmental issues. Our companies would be in danger of being beaten in competition with foreign companies playing by the old rules, and fighting over smaller stagnant domestic markets. Our workers would become more expensive. Opportunities for sound investment in this country would be shrinking. (God I sound like a proper prophet of the dismal science right!).

My opinion is that a book that proposes radical disengagement from the basic rules of competitive capitalism, (which I support), should prioritise in its content details of how it is going to manage the international disadvantages and potential unemployment such a move will cause. In my personal opinion, these kind of progressive issues cannot be feasibly discussed without thoughts on trade in general and protectionism in particular being included as necessary to counteract the handicapping effect of practising less ruthless pure competition.
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Most Recent Customer Reviews
Signposts to a sustainable future
Tim Jackson's 2009 book (now in paperback) 'Prosperity Without Growth: Economics for a finite planet' is a key text for efforts to shape a sustainable future, locally and globally. Read more
Published 3 months ago by David Towell
Well written, worth to buy it!
I am glad I bought this book, everyone shoud read it as the book draw a clear line about our present and future perspective.
Published 4 months ago by Monica
A Great Manifesto but not the Best Map
"What can prosperity look like in a finite world, with limited resources and a population expected to exceed 9 billion people within decades? Read more
Published 5 months ago by SãoPauloUK
Brilliant Book
Great book to make you think about where the world is going. Should put into context government desire to restimulate 'growth'. Read more
Published 7 months ago by Mike
Frugality can be fun
This book contains a faultless analysis of our socio-economic predicament. Philosophical, social, environmental, ecological and psychological considerations are shown to be as... Read more
Published 7 months ago by Justin Thyme
Prosperity without Growth
The book is about the subject mater that I expected, but it's written in a rather detailed technical and academic way. Read more
Published 10 months ago by Stephen F
A quango (gone in the Coalition bonfire) saying economic growth is a...
The Sustainable Development Commission (SDC) was a non-departmental public body responsible for advising the government on sustainable development and set up by the Labour... Read more
Published 11 months ago by Michael Bassey
Prosperity without growth
I've been meaning to read this for some time. I'm only sorry I left it so long. An excellent and very readable explanation of why the fundamentals of how we do economics need to... Read more
Published 12 months ago by fixit44
Sane, creative, thoughtful and readable
I am an economist by training, indeed I once wrote and taught an economics course, and I LOVE this book. Read more
Published 12 months ago by Jon Wolf
No new ideas, a 'me too' book. poorly thought through, flawed.
I was disappointed with this book, it offered no new ideas or ways of seeing things, just restated glib statements without an underlying understanding. Read more
Published 13 months ago by HH
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