Human needs, steady-state economics and sustainable welfare

Hubert Buch-Hansen, Max Koch*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

This chapter explains the contribution towards a systematic consideration of basic human needs in the political economy of sustainable welfare. The steady-state economy is the currently most developed vision of a non-growing economic system that functions within ecological boundaries. This makes it a logical entry point for reflections on human needs and sustainable welfare. Reaching an agreement on a steady-state economy that includes a sustainable welfare component as one of its institutional pillars will be far from easy. The apparently unsurmountable structural obstacles for such a transition include the hegemony of the growth discourse and the ensuing lack of political will, the widespread and deeply ingrained consumer culture in the rich countries and a massive concentration of economic resources and power in the hands of organizations and individuals who profit from a continuation of the current growth model.
Original languageEnglish
Title of host publicationSustainability and The Political Economy of Welfare
EditorsMax Koch, Oksana Mont
Number of pages15
Place of PublicationLondon
PublisherRoutledge
Publication date2016
Pages29-43
Chapter2
ISBN (Print)9781138925281
ISBN (Electronic)9781315683850
DOIs
Publication statusPublished - 2016
SeriesRoutledge Studies in Ecological Economics
Volume42

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