Contributors: Paech, Niko, apl. Prof. Dr. (University of Oldenburg)
Niko Paech is adjunct professor at the Carl von Ossietzky University, represents the professorship “Business Administration, Production Management and Environment” since 2008. His research topics include microeconomic theory, environmental economics, consumption theory, climate protection, innovation and diffusion theory, sustainability research, operations research, supply chain management, and post growth economics
Niko Paech ist außerplanmäßiger Professor und Vertreter des Lehrstuhls für Produktion und Umwelt (PUM) an der Carl von Ossietzky Universität Oldenburg und Leiter des BMBF-Forschungsprojektes EnGeno. Seine Arbeits- und Forschungsschwerpunkte sind u.a.: Nachhaltige Entwicklung, Umweltökonomik, Industrieökonomik, Diffusionsforschung, nachhaltiger Konsum, Postwachstumsökonomik, Klimaschutzkommunikation und Sustainable Supply Chain Management.
Scientific paper contribution: An Introduction to Post-growth Economics
Abstract: The ongoing climate, resource, and financial crises underscore the failure of a prosperity model based on growth and dependency on consumption. No ecological uncoupling of economic growth is in sight. In an expanding economy, rebound effects wipe out advances in dematerialization or decarbonization as a result of growing demand. Furthermore, an important finding of the so-called science of Happiness postulates that once a certain level has been reached, an increase in monetary or material wealth no longer contributes to subjective well-being. In place of expansive green economy policies, it is time to take a look at the concept of post-growth economics. Altogether ﬁve steps mark the way to a post-growth economy, namely (1) sufﬁciency as an act of clearing out or throwing off ballast, (2) new adjustment of the balance between self-supply and external supply, (3) de-globalisation by regional cycles and complementary currencies, (4) material zero-sum games and (5) institutional innovations.