Published 2016 – The biggest challenges facing the rich world today are persistent unemployment, widening income inequality, and accelerating climate change. Until now, most of the solutions to these problems have been politically unacceptable, in a world marked by short-termism and a desire for continuous economic growth.
In Reinventing Prosperity, Graeme Maxton and Jorgen Randers take a radically different approach and offer thirteen politically feasible proposals to improve our world. From shortening the work year and raising the retirement age to boosting welfare and redefining what we mean by work, the authors’ suggestions challenge many long-standing economic ideas and explain how it is possible to reduce unemployment, inequality, and the pace of climate change—and still have economic growth, if society wishes.
“A fascinating, data-rich look at some of the most fundamental questions our species has ever faced—and a striking argument for maturity over endless growth.” Bill McKibben, author of Deep Economy
“Do you want a cogent and accessible explanation of why our paramount policy goal of GDP growth is increasing unemployment, inequality, and environmental destruction—while reducing welfare? Then read this informative book for both answers and better policies!” Herman Daly, Emeritus Professor, University of Maryland
“The problems society faces to achieve a sustainable and desirable future are well known, but solutions seem impossible. Maxton and Randers describe thirteen politically feasible proposals that can actually solve these problems.” Prof. Robert Costanza, VC’s Chair in Public Policy, Crawford School of Public Policy, Australian National University
“This book has the power to induce policy changes that are imperative for the creation of an equitable, peaceful and sustainable future for human society.” Rajendra K. Pachauri, past-chair, International Panel of Climate Change (IPCC); executive vice chairman, The Energy and Resources Institute (TERI).
Authors: Graeme Maxton, Jorgen Randers