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Beyond Growth: Daly and Girard and a Steady-State Economy

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This 3 page paper gives an outline of Herman Daly's book "Beyond Growth" and a brief discussion of it, and speculates on what Rene Girard would think about it. Bibliography lists 7 sources.

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3 pages (~225 words per page)

File: D0_HVBGRev2.rtf

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Unformatted sample text from the term paper:

that we can measure economic health by economic growth; in fact, he has sounded a warning for years about the need to develop sustainable resources. But then he has enraged environmentalists by also suggesting that the idea of a "sustainable economy" as they have defined it, is also fatally flawed. This paper outlines Dalys book Beyond Growth and compares it to the writings of Rene Girard. Beyond Growth - Outline I Introduction - Overview of the way in which sustainable development has been historically described and why that is no longer adequate II Part I - Economic Theory and Sustainable Development A. Chapter 1, "Moving to a Steady-State Economy" - Definition and discussion of a "steady state" economy as opposed to "growth economy"; "growth" implies "increase in physical scale of matter/energy throughput"; in an SSE throughput is constant (Daly, 1997, p. 31). B. Chapter 2, "Elements of Environmental Macroeconomics" - View of the economy as an "open subsystem of the ecosystem" (Rogers, 1996, p. 783). C. Chapter 3, "National Accounts and Sustainable Development" - "looks at consumption through Georgescu-Roegens lens of entropy and provides valuable insights into why the world can only consume what it can produce" (Rogers, 1996, p. 783). III Part II - Operational Policy and Sustainable Development A. Chapter 4, "Operationalizing Sustainable Development by Investing in Natural Capital" - defines income and weak and strong sustainability (Rogers, 1996, p. 783) B. Chapter 5, "Fostering Environmentally Sustainable Development - Four Parting Suggestions for the World Bank" - Daly takes a swipe at his former workplace, suggesting that they keep doing some things as they presently do, and revamp others (Rogers, 1996) IV Part III - National Accounts and Sustainable Development A. Chapter 6, "Toward a Measure of Sustainable Net National Product" B. Chapter 7, "On Sustainable ...

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