Steady State Economics: We’ve Got Some (Systems) Thinking To Do
Friday, 22 May 2020, 9:50 am
Article: Murray Grimwood
In this time of impending economic and ecological crises, we urgently need to aim for a sustainable or ‘steady state’ economy. In order to get there, we will need to adopt a ‘systems-thinking’ outlook taking into account the interconnections of our complex world. We will also need to consider the issue of de-growth, and re-prioritise kindness and the commons. We have a choice as to whether we act now to make this transition voluntarily and with fairness, or have it forced upon us by times of economic, resource and ecological collapse.
In short, we’ve got some systems thinking to do.