VIDEO

Ugo Bardi, Miren Etxezarreta and Yayo Herrero. The Future of Economic Growth

27/05/2017
Category
Other / Lectures and debates

The Future of Economic Growth
Petroleum (Second Session)

If there is a solid consensus unifying ideological divergences it is economic growth. No political party can hope to win elections unless it promises substantial GDP growth rates. Our entire social structure works under this prerequisite. However, economic growth depends on increasing consumption of energy and natural resources, which are themselves limited. This debate will focus on one of the strategic issues of the next decade: the possibilities of maintaining expansive economies in a context of accelerated ecological overshoot, and the implications this holds for social emancipation projects. Are energy-growth decoupling and the dematerialisation of the economy really a solution? Is a steady-state economy compatible with capitalism? Can alternative economic projects that do not aspire to perpetual growth operate within the framework of the European Union? Can we achieve a good life that does not depend on a continuous increase in our consumption?

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