Firms produce goods for households - that's us - and provide us with incomes, and that's even better, because we can spend those incomes on more goods and services. That's called the circular flow of the economy. Tim Jackson More Quotes by Tim Jackson More Quotes From Tim Jackson [We are] persuaded to spend money we don't have on things we don't need to create impressions that won't last on people we don't care about. Tim Jackson motivation inspiration people Questioning growth is deemed to be the act of lunatics, idealists and revolutionaries. But question it we must. Tim Jackson questioning growth revolutionary Today we find ourselves faced with the imminent end of the era of cheap oil, the prospect (beyond the recent bubble) of steadily rising commodity prices, the degradation of forests, lakes and soils, conflicts over land use, water quality, fishing rights and the momentous challenge of stabilising concentrations of carbon in the global atmosphere. Tim Jackson commodity-prices fishing rights Prosperity consists in our ability to flourish as human beings - within the ecological limits of a finite planet. The challenge for our society is to create the conditions under which this is possible. It is the most urgent task of our times. Tim Jackson our-society limits challenges Productivity-the amount of output delivered per hour of work in the economy-is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers. Tim Jackson capitalist-economy progress literature Every society clings to a myth by which it lives. Ours is the myth of economic growth... Tim Jackson myth economic growth For at the end of the day, prosperity goes beyond material pleasures. Tim Jackson prosperity the-end-of-the-day growth The default assumption is that - financial crises aside - growth will continue indefinitely. Not just for the poorest countries, where a better quality of life is undeniably needed, but even for the richest nations where the cornucopia of material wealth adds little to happiness and is beginning to threaten the foundations of our wellbeing. Tim Jackson quality growth country The history of jazz for the last 45 years has come through the Monterey Jazz Festival stages. I think there's developed a legacy and an aura around the festival. Tim Jackson legacy years thinking If pornographers are among the early adopters of the new technology, then it has definite commercial possibilities. Tim Jackson possibility internet technology Our own relentless search for novelty and social status locks us into an iron cage of consumerism. Affluence has itself betrayed us. Tim Jackson status us search own It is the accuracy and detail inherent in crafted goods that endows them with lasting value. It is the time and attention paid by the carpenter, the seamstress and the tailor that makes this detail possible. Tim Jackson detail value time attention Status-driven, conspicuous consumption thrives from the language of novelty. Tim Jackson consumption novelty language Novelty is adaptive when things are changing and you need to adapt yourself. Tradition is essential to lay down the stability to raise families and form cohesive social groups. Tim Jackson yourself down you tradition The idea of a non-growing economy may be an anathema to an economist. But the idea of a continually growing economy is an anathema to an ecologist. Tim Jackson idea economy growing may There is a real fear around shifting from our existing economic system because people believe it gives us social organisation, a sense of freedom, and the ability to be nice to each other. Growth is seen as a social lubricant that allows us to be socially responsible. Tim Jackson growth freedom fear people If we are going to be able to create a new economic vision, companies will need to rethink every aspect of their operations; their bottom lines, ownership structures, demands on financial returns, how they raise capital. For example, an ethical company would say it should only take a fair share of the planet's resources and campaign on this. Tim Jackson say new will vision Big companies are reliant on institutional investors on a punishing schedule which leads to ruthless behaviour. This form of capitalism with this structure and incentives will never deliver sustainability. Tim Jackson will never sustainability capitalism The most staggering linguistic turnabout for me is the one that equates green economy with 'sustained economic growth.' Tim Jackson me economic-growth green growth The philosophical point is that our happiness and wellbeing is not based on incomes rising. This is not just the wisdom of sages but of ordinary people. Prosperity is more social and psychological: it's about identification, affiliation, participation in society and a sense of purpose. Tim Jackson society wisdom happiness people
