Tag: welfare
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Medium-term effects of zero growth: Finland 2008-2025
Tl;dr: Finland, a social democratic welfare state, has had no GDP growth in real terms between 2008 and 2025. There are few obvious economic “effects” of stagnation, because many indicators fluctuated up and down in this period and those that rose persistently had been rising also before stagnation. Wealth inequality rose persistently while income inequality…
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Can we have a welfare state without growth? Yes, no, and yes.
When people learn that I research post-growth economy, a common first question I hear is “can we have a welfare state without growth?” Because the question is very blunt, high-level, and abstract, it feels awkward to answer. Still, the question is obviously valid and highly relevant to policy discourse, so it should be answered in…
No Fun Allowed 