WHP Logo

The White Horse Press

Environmental Values

Contents of Volume 22

Other volumes of EV

Environmental Values

Lose Less Instead of Win More: The Failure of Decoupling and Perspectives for Competition in a Degrowth Economy

Volker Mauerhofer

Environmental Values 22 (2013): 43-57. doi: 10.3197/096327113X13528328798237

ABSTRACT

This paper aims to provide a comprehensive explanation for the likely failure in the decoupling of economic growth from environmental degradation, and also intends to offer perspectives on the new role of competition in a steady state or a degrowth economy. The analysis is based on five different scenarios, and uses the European Union as an example. It is concluded that we must prepare ourselves for a potential incompatibility between sustainability and economic growth. In this respect one can say that the current EU situation is in some ways already quite close to an economic system without growth, although far from sustainable as yet. Two of the four perspectives developed, regarding the new role of competition in an economy without growth, indicate an increase of direct and indirect competition over resources. The other two perspectives point out that regulatory public intervention as well as financial intervention will increase in order to ensure that - despite the revised role of competition - the poorest are still given a chance to develop (e.g. through basic minimum incomes), even in a degrowth economy.


KEYWORDS

Financial crisis, environmental degradation, steady state economy, sustainable growth, European Union

REFERENCES to other articles in Environmental Values:

Global and Ecological Justice: Prioritising Conflicting Demands. Marcel Wissenburg

Political Perception and Ensemble of Macro Objectives and Measures: The Paradox of the Index for Sustainable Economic Welfare. Rafael Ziegler

CITATIONS in other Environmental Values articles

Editorial: Changes Needed. Clive L. Spash

Editorial: Degrowth or Regrowth? Mark Whitehead


Download full text (PDF format) from IngentaConnect. Access is free if your institution subscribes to Environmental Values.

Subscriptions and back numbers of Environmental Values.

Other papers in this volume

THE WHITE HORSE PRESS
The Old Vicarage, Winwick
Cambridgeshire, PE28 5PN, UK
Tel: +44 1832 293222