Introduction

The Steady State Economy is a viable alternative to the disastrous Growth Economy which is killing our Environment and strangling our Society.

The 10 Pillars of the Steady State Economy:

1.             Limit resource use and waste production;

2.             Stabilise population;

3.             Provide equitable distribution of income and wealth;

4.             Reform the monetary and financial system;

5.             Change the way we measure progress;

6.             Secure full employment;

7.             Rethink the structure of business and the methods of production;

8.             Improve global co-operation as nations enter into a phase of economic transition;

9.             Replace consumer behaviour with a culture of sustainability;   and

10.         Engage politicians and the media in a wider public discourse on the steady state alternative.

Since localism is one of the key principles of the Steady State Economy, a local bioregion like Devon is as logical place to start the revolution as anywhere.

Whilst the Steady State Economy is a beguiling utopia, the process of getting there is called Degrowth. 

Serge Latouche defines 8 principles of Degrowth ...

1. Re-evaluate:- the adoption of new values of nurturing to replace the exploitative values of the modern world;
2. Reconceptualise:- the transformation of the old concept of Wealth into natural Abundance;
3. Restructure:- the restructuring of the production mechanisms of civilisation;
4. Redistribute:- the redistribution of prosperity from the rich to the poor;
5. Relocalise: the process of deconstructing a globalised economy into the local;
6. Reduce:- the reduction of consumerism and waste that is endemic in a growth economy;
7. Reuse:- the refusal to throw stuff away;  and
8. Recycle:- the continuation of resources within the system.