Will Markets Survive the End of Growth? | Imagem Agricultura e Floresta | Scoop.it

"Is the end of growth the end of markets? The end of capitalism? Most definitely not. We will still need competition, we will still want ideas and innovation to flourish and we will want capital allocated as efficiently as possible. Markets are good at all those things."

 

New article by Paul Gilding ("The Great Disruption") which shows that post-oil and post-growth thinking is still struggling big time with the question of the balance between "state" and "market". Phrases like: we need to accept the earth's limits "as absolute boundaries of the market system" are unhelpful. We need much more sophisticated blueprints of how a just society could produce and consume within ecological and energy limits.


Via Willy De Backer