economic growth

A not-for-profit world beyond capitalism and economic growth?

Background: Capitalism, for-profit enterprise and the growth fetish

submission deadline  
31 Dec 2014
call for papers pdf  

Issue Editors: Ole Bjerg, Christian Garmann Johnsen, Bent Meier Sørensen and Lena Olaison

Perpetual economic growth is an underlying assumption of the contemporary capitalist organization of society. The idea of growth is embedded not only in the corpus of economic thought but also in the institutions of the economy (Binswanger, 2013; Gorz, 2012). More recently, entrepreneurship, innovation and creativity have been seen as possible ways to solve the current economic and environmental crisis as well as to generate growth (Schaper, 2002). This is the case because entrepreneurship and innovation are portrayed as seeds of new initiatives and ideas that will boost economic development while simultaneously reduce its impact on the climate. Such a belief has produced new markets, such as carbon markets, and an emerging ‘climate capitalism’ (Böhm, Murtola and Spoelstra, 2012). At the heart of this logic is a faith in the individual economic actor, not least the entrepreneur, as... more

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