Tim Jackson

Third Millennium Economy Report Released

Economics, Finance, Governance, and Ethics for the Anthropocene, a working paper of the Capital Institute-housed Third Millennium Economy project, was released last Thursday for public review in advance of the Rio+20 UN Conference on Sustainable Development.  As the civil society groups and grassroots activists meet now and world leaders arrive later this week, the paper is a flag in the ground that offers a new vision for addressing our global ecological crisis.  Our report, written with a team of leading scholars, lays out many of the challenges posed by the unjust economics that have lead us into ecological overshoot and delineates a number of leverage points for change.

CASSE Issues Enough is Enough: Ideas for a Sustainable Economy in a World of Finite Resources - A Report from the First Steady State Economy Conference

Capital Institute Metric Series CASSE's Enough is Enough ReportThe Center for the Advancement of the Steady State Economy (CASSE) held its first conference, in Leeds, UK, on June 19, 2010, with a focus on finding alternatives to current models of economic growth. Featuring members of the Capital Lab-sponsored 3rd Millennium Economy steering committee Tim Jackson and Peter Victor, the conference brought economists, scientists, business leaders, government officials and the NGO community together to help mold the vision of a steady state economy.

While most global leaders and economists extol the virtues of unfettered economic growth, conference speakers made the point that the economy is a subsystem of the earth’s ecosystem and is a human construct. Despite these known facts and the recent global financial meltdown, exponential economic growth continues to be almost universally perceived as a desirable outcome.

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