Showing posts with label virtuous circles. Show all posts
Showing posts with label virtuous circles. Show all posts

Jan 13, 2021

January


"Amidst global inequality and ecological crises, it is questionable whether the virtuous circle of the welfare states is in fact virtuous. (...) I identify three caveats of the policy idea and illustrate how the traditional virtuous circle is actually embedded in a vicious circle of ecological collapse. (...) [1] the belief in cumulative economic growth as beneficial for human wellbeing has proved to be outdated. (...) [2] social goals including human wellbeing and equality became (at least implicitly) suppressed by GDP growth. (...) [3] The policy idea of a virtuous circle established a compromise between social and financial goals without paying attention to the negative environmental consequences of economic growth." Tuuli Hirvilammi (2020). The Virtuous Circle of Sustainable Welfare as a Transformative Policy Idea. Sustainability vol. 12, 391.