Another reason why a steady-state economy will not be a capitalist economy

| September 30, 2016 | Leave a Comment

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Date of Publication: September 30, 2016

Year of Publication: 2016

Publisher: World Economics Association

Author(s): Ted Trainer

Journal: Real-World Economics Review

Volume: 76

Pages: 55-65

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Ted Trainer takes a critical look at the position that a steady-state economy can exist within a capitalist economy. Trainer points to the little relative, let alone absolute, decoupling that has taken place to counter claims that production can continue to increase without increasing throughput. Arguing “that it is not sufficient merely to take a steady-state economy as the goal…that a sustainable and just society must have embraced large scale¬†de-growth,”¬†Trainer introduces the The Simpler Way project.

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