In search of a political economy of the postgrowth era

Max Koch*, Hubert Buch-Hansen

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

Against the backdrop of the ecological and climate emergencies and several other deep crises, advocates of degrowth call for democratic transitions towards societies that can thrive beyond economic growth within ecological boundaries while being socially equitable. In recent years, scholarship has emerged that brings together the emerging degrowth paradigm with insights from political economy. Yet much contemporary political economy continues to ignore the environment and, by implication, the ecological downsides of economic growth. The present contribution criticizes this state of affairs and highlights the promises of a synthesis of contemporary critical political economy and the growth-critical tradition in ecological economics. It hints at how concepts of one particular strand of critical political economy, namely regulation theory, may be of use in analyses of (trajectories to) the postgrowth era.

Original languageEnglish
JournalGlobalizations
Volume18
Issue number7
Pages (from-to)1219-1229
Number of pages11
ISSN1474-7731
DOIs
Publication statusPublished - 2021
Externally publishedYes

Bibliographical note

Funding Information:
This work was supported by the Swedish Energy Agency (Energymyndigheten) [grant number 48510-1].

Keywords

  • degrowth
  • institutional forms
  • Political economy
  • postgrowth
  • regulation theory
  • state

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