Vol. 3 No. 2 (2019)
Peer Reviewed Articles

Environment, poverty and the steady state economy

Theodore Lianos
Athens University of Economics and Business
Bio
This image of the cover of this issue of The Journal of Population and Sustainability has the title in block letters on a grey-green background.

Published 2019-06-01

Keywords

  • ecological balance,
  • overpopulation,
  • income inequality,
  • steady state economy

How to Cite

Lianos, T. (2019). Environment, poverty and the steady state economy. The Journal of Population and Sustainability, 3(2), 55–78. https://doi.org/10.3197/jps.2019.3.2.55

Abstract

Environmental degradation and inequality of income and wealth are two major global problems at the present time. This paper suggests that a steady state economy offers solutions for both problems. It argues that if the world population is drastically reduced and remains constant at a low level ecological balance can be achieved and, at the same time, income distribution will be greatly improved. The basis of this argument is that a smaller population will reduce the use of natural resources for production and consumption and at the same time reduce the supply of labor and thus increase wages. Also, a brief review of the idea of the steady state economy from the ancient philosophers to modern writers is provided.

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