Contributors: Lange, Steffen (Konzeptwerk)
Steffen Lange works at the Konzeptwerk Neue Ökonomie and is coordinator of the scientific track of the degrowth conference. He studied economics and other social sciences in Maastricht, Santiago de Chile and Göttingen. Currently he does a PhD on "Macroeconomics of degrowth" at the University of Hamburg.
Steffen Lange arbeitet beim Konzeptwerk Neue Ökonomie und koordiniert den wissenschaftlichen Teil der Degrowth-Konferenz. Er hat Volkswirtschaftslehre und andere Sozialwissenschaften in Maastricht, Santiago de Chile and Göttingen studiert. Derzeit promoviert er zum Thema "Macroeconomics of degrowth" an der Universität Hamburg.
Scientific paper contribution: Neoclassical, post-Keynesian and neo-Marxian perspectives on degrowth
Abstract: The question, how an economy can be organized without growth has received little attention from many strands of macroeconomics. In this paper I investigate this question, from the point of view of three prominent strands of macroeconomic theories: neoclassical, post-Keynesian and neo-Marxian approaches. The view of neoclassical theories is, that we need a different technological development path, less capital accumulation (driven by less savings) and less labor (driven by a change in households preferences). Whether these driving mechanisms are the true causes for capital accumulation and working hours is questionable though, and technological change is not explained in the theories. In post-Keynesian theories, a reduction of aggregate demand as well as a change of technological change towards less increases in labor-productivity are needed. In neo-Marxian theories, the mechanisms leading to capital accumulation and labor-saving technologies, both on the firm and the macro-level, need to be addressed.