Read The Times Australia

Daily Bulletin

Critics of ‘degrowth’ economics say it’s unworkable – but from an ecologist's perspective, it’s inevitable

  • Written by: Mike Joy, Senior Researcher; Institute for Governance and Policy Studies, Te Herenga Waka — Victoria University of Wellington
Critics of ‘degrowth’ economics say it’s unworkable – but from an ecologist's perspective, it’s inevitable

You may not have noticed, but earlier this month we passed Earth overshoot day, when humanity’s demands for ecological resources and services exceeded what our planet can regenerate annually.

Many economists criticising the developing degrowth movement fail to appreciate this critical point of Earth’s biophysical limits.

Ecologists on the other hand see the human economy as a subset of the biosphere. Their perspective highlights the urgency with which we need to reduce our demands on the biosphere to avoid a disastrous ecological collapse, with consequences for us and all other species.

Many degrowth scholars (as well as critics) focus on features of capitalism as the cause of this ecological overshoot. But while capitalism may be problematic, many civilisations destroyed ecosystems to the point of collapse long before it became our dominant economic model.

Capitalism, powered by the availability of cheap and abundant fossil energy, has indeed resulted in unprecedented and global biosphere disruption. But the direct cause remains the excessive volume and speed with which resources are extracted and wastes returned to the environment.

From an ecologist’s perspective, degrowth is inevitable on our current trajectory.

Read more: Degrowth isn't the same as a recession – it's an alternative to growing the economy forever

Carrying capacity

Ecology tells us that many species overshoot their environment’s carrying capacity if they have temporary access to an unusually high level of resources. Overshoot declines when those resources return to more stable levels. This often involves large-scale starvation and die-offs as populations adjust.

Access to fossil fuels has allowed us to temporarily overshoot biophysical limits. This lifted our population and demands on the biosphere past the level it can safely absorb. Barring a planned reduction of those biosphere demands, we will experience the same “adjustments” as other species.

One advantage humans have over other species is that we understand overshoot dynamics and can plan how we adjust. This is what the degrowth movement is attempting to do.

To grasp the necessity of reducing ecological overshoot we must understand its current status. We can do this by examining a variety of empirical studies.

Material flows and planetary boundaries

Analysis of material flows in the economy shows we are currently extracting more than 100 billion tons of natural materials annually, and rising. This greatly exceeds natural processes – erosion, volcanic eruptions and earthquakes – that move materials around the globe.

Such massive human-driven material flows can destroy ecosystems, cause pollution and drive species extinct.

Only about 10% of these resource flows are potentially renewable. In many cases, we are harvesting more than can be regenerated annually (for example, many fish stocks).

Humans have now transgressed at least six of nine planetary boundaries. Each boundary has distinct limits, but in some instances the overshoot is at least double the safe operating level.

A graphic showing the planetary boundaries and humanity's overshoot.
We have now exceeded six planetary boundaries, and for some by at least double the safe operating level. Stockholm Resilience Centre, CC BY-SA

Both material flow analysis and planetary boundaries provide critically important information about our impacts on the biosphere. But they fail to capture the full picture. The former doesn’t directly measure biosphere functioning. The latter doesn’t capture inter-dependencies between various boundaries.

The biosphere is a holistic entity, with many self-organising and interconnected subsystems. Our generally reductionist scientific methodologies are not able to capture this level of complexity. The methodology that comes closest to achieving this is the ecological footprint.

Read more: Degrowth: why some economists think abandoning growth is the only way to save the planet – podcast

Biocapacity

The ecological footprint measures the amount of productive surface on Earth and its capacity to generate resources and assimilate waste. These are two of the most fundamental features of the biosphere.

It then compares this available biocapacity with humanity’s annual demands. Humanity’s ecological footprint has exceeded the biosphere’s annual biocapacity since at least 1970 and is currently almost twice the sustainable level.

The reason we can use more of what is generated annually is because we use stored biomass – ancient solar energy captured over millennia – to power this draw-down.

We must note that the ecological footprint is an acknowledged underestimate of our demands on the biosphere. Also, the biosphere isn’t there only for us. At least 30-50% of the biosphere should be reserved as wilderness to protect other species and global ecosystems.

Humanity exceeds its fair share of natural resources by more than 50%, and likely needs to reduce this demand by 70-80% to operate within carrying capacity. Those with greater wealth are responsible for a disproportionately large share of overshoot.

Read more: Stories about economic degrowth help fight climate change — and yield a host of other benefits

It’s not just a climate crisis

The political and public concern about climate change is considerable internationally and in New Zealand. But this is one of many environmental crises, together with soil erosion, groundwater pollution, deforestation, the rise of invasive species, biodiversity loss, ocean acidification and the depletion of resources. They are all symptoms of overshoot.

The climate crisis is seen as a problem requiring a solution rather than a symptom of overshoot. The problem is generally formulated as looking for a way to maintain current lifestyles in the wealthy world, rather than reducing overshoot.

The ecological perspective accepts that we exceed biophysical boundaries and emphasises the importance of reducing energy and material consumption – regardless of how the energy is provided.

The scope of human disruption of the biosphere is now global. This ecological perspective highlights the current magnitude and closeness of significant and unwelcome changes to Earth systems. The reduction of humanity’s demands on the biosphere is an overriding priority.

Ecological economics, with its emphasis on a steady-state economy, is perhaps the most rigorous existing economic framework with specific proposals for determining priority actions. We urge scholars of all disciples to examine these.

The author acknowledges the contribution of Jack Santa-Barbara.

Authors: Mike Joy, Senior Researcher; Institute for Governance and Policy Studies, Te Herenga Waka — Victoria University of Wellington

Read more https://theconversation.com/critics-of-degrowth-economics-say-its-unworkable-but-from-an-ecologists-perspective-its-inevitable-211496

Business News

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Brid...

Daily Bulletin - avatar Daily Bulletin

Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

Daily Bulletin - avatar Daily Bulletin

How Australian Businesses Can Measure SEO ROI

SEO can feel vague when you are staring at a dashboard full of numbers that do not clearly connect to revenue. The key is to measure the right signals in the right order, then tie them back to outcome...

Daily Bulletin - avatar Daily Bulletin

How Commercial Roller Shutters Improve Site Security Without Slowing Operations

Security upgrades can be frustrating when they make everyday work harder. A door that takes too long to open, creates bottlenecks at shift change, or fails at the worst time can turn “better protectio...

Daily Bulletin - avatar Daily Bulletin

Why a Document Destruction Service Still Matters for Modern Businesses

Businesses generate large volumes of information every day, from staff records and contracts to invoices, reports and customer files. While attention often focuses on how documents are stored, the way...

Daily Bulletin - avatar Daily Bulletin

Bicycle Rack Safety and Space-Smart Storage

Bike storage problems usually show up as small annoyances first: tangled handlebars, scratched frames, and bikes that topple when you pull one out. Over time, those issues become safety risks, especia...

Daily Bulletin - avatar Daily Bulletin

How to Tell if a Childcare Centre Is a Good Fit for Your Child

Choosing childcare can feel like you’re making a huge decision with limited information. Tours are short, centres are often on their best behaviour, and your child might act differently in a new space...

Daily Bulletin - avatar Daily Bulletin

Car Import Timeline: What Usually Happens at Each Stage

Importing a car into Australia can feel confusing because multiple agencies and checkpoints are involved, and the timeline is shaped as much by paperwork quality as it is by shipping speed. The most u...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...

Why Stress Relief For Dogs Is Essential For Emotional Balance And Long-Term Wellbeing

Managing emotional health is just as important as physical care when it comes to pets, which is why ...