Infinite Affluence on a Finite Planet

Claus Jacob ()
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Claus Jacob: Division of Bioorganic Chemistry, School of Pharmacy, University of Saarland, Campus B2 1, D-66123 Saarbrücken, Saarland, Germany

Sustainability, 2024, vol. 16, issue 18, 1-14

Abstract: The decades after the Second World War have seen economic growth and prosperity on an unprecedented scale. Yet this incredible turnover of raw materials and energy into goods and eventually waste has brought our planetary systems close to their limits, as witnessed most prominently, yet not exclusively, by climate change and mass extinctions. Changing towards a greener, more sustainable and circular economy without limiting our economic wealth is attractive—yet this change does not seem to be easy or speedy enough to save the planet, its eco- and social systems, and its inhabitants. In contrast, moving towards an economy less demanding on energy and raw materials, and focusing more on the pursuit of immaterial forms of satisfaction and happiness, requires an alternative form of hedonism. By cerishing quality time rather than heaps of money, and social interactions rather than material goods, even a finite planet may allow sustainable and indeed infinite forms and amounts of prosperity.

Keywords: alternative hedonism; circular economy; climate change; degrowth; donut economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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