
Everyone agrees that we are in the midst of a massive financial and economic crisis. We have suffered the biggest ‘crash’ since the 30s, and it may get far bigger yet. How ought this ongoing crisis to be understood, and resolved?
On the mainstream view: We have vast government deficits, and stagnant economies. We have a dire need for economic growth – and a deep-set need for austerity, bringing with it massive cuts in public services.
But what if that diagnosis, which reflects mainstream wisdom, is all wrong? What if the crisis that we are currently experiencing is one which casts into doubt the entire edifice of capitalist economics, which sets growth as the primary objective of all policy? What if the fight between those who say that without austerity first there can be no growth and those who say that we must invest and borrow more now in order to resume growth is a false dichotomy - because both sides are assuming ‘growthism’ as an unquestioned dogma?
The aim of the Green House Post-Growth project is to challenge the common-sense that assumes that it is ‘bad news’ when the economy doesn’t grow and to anatomise what it is about the structure of our economic system that means growth must always be prioritised. We need to set out an attractive, attainable vision of what one country would look like, once we deliberately gave up growth-mania – and of how to get there. And we need to find ways of communicating this to people that make sense, and that motivate change.
We will be publishing a series of reports throughout the coming year. You can find out our starting-points on the common ground page.
A short report introducing the project can be found at Green House Post-Growth Project (pdf, 661 K)