Is there such a process as “sustainable growth”? The term appears frequently in government reports and in company strategic plans. “Sustainable growth” holds out the tantalising prospect that a society can achieve the holy grail of sustainability – the modern term for alignment with environmental imperatives – without forgoing the benefits of economic expansion. These benefits include rising standards of living, full employment, increasing opportunities for investment or professional development – and generally rising wealth for all.
“Sustainability” implies a steady-state condition, not one built upon expansion or increasing throughput of material resources, but if it is based upon utilisation of renewable resources, then the steady-state condition may be satisfied. “Growth” is commonly used as a shorthand term for “economic growth” which relies upon geometrically expanding extraction and throughput of material resources, which is unsustainable in a finite planet, but there are forms of community advancement other than “growth” in this material sense.
We need to address related questions such as: Is there any way of decoupling a rise in living standards from throughput of biophysical resources? Is it possible to have rising real wealth other than by accumulating more physical goods which means more demands upon the earth’s resources? Is it possible to slow down economic expansion without risking plunging the economy into recession? The paper is particularly relevant to healthy cities because most expositions of what “healthy” means include an economic dimension. Is there such a thing as a healthy economy other than one that is actively expanding and so placing growing demands upon the resources of the biophysical environment?
Dr Geoff Edwards, Adjunct Research Fellow, Centre for Governance and Public Policy
4th Healthy Cities: Making Cities Liveable Conference. The Outrigger Resort and Spa, Little Hastings St, Noosa – 27-29 July 2011