planet-earth-lowtouch-banner Kenneth E. Boulding () was a British economist, educator, systems scientist and interdisciplinary. “Spaceship Earth”: Boulding, Kenneth E.(). Period of local pollution. Period of global ruin of human sustainability. The capability of nature to clean up by. Abstract. The work of Kenneth Boulding is sometimes cited as being foundational to the understanding of how the economy interacts with the.

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Spaceship Earth or Spacecraft Earth is a world view encouraging everyone on Earth to act as a harmonious crew working toward the greater good.

Uncategorized Spaceship Earth Economy: By “knowledge” here I mean, of course, the whole cognitive structure, which includes valuations and motivations as well as images of the factual world. More from Resources Magazine. The world is a raft sailing through space with, potentially, plenty of provisions for everybody; the idea that we must all cooperate and see to it that everyone does his fair share of the work and gets his fair share of the provisions seems so blatantly obvious that one would say that no one could possibly fail to accept it unless he had some corrupt motive for clinging to the present system.

The only answer to this, as far as I can see, is to point out that the welfare of the individual depends on the extent to which he can identify himself with others, and that thc most satisfactory individual identity is that which identifies not only with a community in space but also with a community extending over time from the past into the future.

However, this is not a task for government alone—as the main players in global markets, large corporations, producers, and investors have the most important economic impact on the environment and face significant risks from increasing ecological scarcity.

From a material point of view, we see objects passing from the noneconomic into the economic set in the process of production, and we similarly see products passing out of the economic set as their value becomes zero. There are no inputs from outside and no outputs to the outside; indeed, there is no outside at all.

Retrieved from ” https: The less consumption we can maintain a given state with, the better off we are. Nevertheless, that fouling of the nest which has been typical of man’s activity in the past on a local scale now boukding to be extending to the whole world society; and one certainly cannot view with equanimity the present boulxing of pollution of any of the natural reservoirs, whether the atmosphere, the lakes, or even the oceans.

Thus I have argued that we go to a concert in order to restore a psychic condition which might be called “just having gone to a concert,” which, once established, tends to depreciate. Since the early s, such backing has enabled Japan to develop and maintain a competitive edge in green innovationand to become a global leader in green manufacturing, especially for consumer durables, motor vehicles, parts and accessories, electrical equipment, and other special-purposes machinery.


There are problems here which the economics profession has neglected with astonishing singlemindedness.

In the spaceman economy, what we are primarily concerned with is stock maintenance, and any technological change which results in the maintenance of a given total stock with a lessened throughput that is, less production and consumption is clearly a gain. The quotation is from Section 8: There has always been something rather refreshing in the view that we should live like the birds, and perhaps posterity is for the birds in more senses than one; so perhaps we should all call it a day and go out and pollute something cheerfully.

Increasingly, spacfship and insurers are requiring better quantitative assessments of environmental risks for investment portfolios —risks arising from climate change, natural resource scarcity, and pollution—and are incorporating these assessments in their long-term investment decisions.

Redefining Growth in the Twenty-First Century.

The Ecological Economics of Boulding’s Spaceship Earth

All living organisms, including man himself, are open systems. How much savings justify the expense and risk of new solutions? These inputs of available energy must come either from the sun the energy supplied by other stars being assumed to be negligible or it may come from the earth itself, either through its internal heat or through its energy of rotation or other motions, which generate, for instance, the energy of the tides.

In perhaps the most famous passage of the bou,ding, Boulding describes the open economy of the past—with its seemingly unlimited resources—and contrasts it with the closed economy of the future. How can pay-for-performance financing offset risks?

The very existence of a positive rate of interest may be taken as at least strong supporting evidence of this hypothesis.

In such a system all outputs from consumption would constantly be recycled to become inputs for production, as for instance, nitrogen in the nitrogen cycle of the natural ecosystem.

If people had to pay the losses due to the nuisances which they create, a good deal more resources would go into the prevention of nuisances. In some areas, corporations are taking action on climate and energy issues absent government mandates. These energy savings have been put into our Spaceship’s life-regeneration-guaranteeing bank account for use only in self-starter functions.

The closed earth of the future requires economic principles which are somewhat different from spaceshkp of the open earth of the past. From the point of view of the energy system, the econosphere bouldin inputs of available energy in the form, say, of water power, fossil fuels, or sunlight, which are necessary in order to spacwship the material throughput and to move matter from the noneconomic set into the economic set or even out of it again; and energy itself is given off by the system in a less available form, mostly in the form of heat.

Housed within the sphere is a dark ride that serves to explore the history of communications and kfnneth Epcot’s founding principles, “[a] belief and pride in man’s ability to shape a world that offers hope to people everywhere.

Spaceship Earth – Wikipedia

The image of the frontier is probably one of the oldest images of mankind, and it is not surprising that we find it hard to get rid of. The G20 has also launched the Green Finance Study Group, co-chaired by China and the United Kingdom, to explore ways of mobilizing private capital for green investments. This idea that both production and consumption are bad things rather than good things is very strange to economists, who have been obsessed with tile income-flow concepts to the exclusion, almost, of capital-stock concepts.


If the rest of the world were to rise to American standards of power consumption, and still more if world population continues to increase, the exhaustion of fossil fuels would be even more rapid. This process is very little understood.

The term “Spaceship Earth” is frequently used on the labels of Emanuel Bronner ‘s products to refer to the Earth. Businesses and private enterprises also have the responsibility and the means to instigate economic change. If we had clothes that did not wear out, houses that did not depreciate, and even if we could maintain our bodily condition without eating, we would clearly be much better off.

In advanced societies this is supplemented very extensively by the use of fossil fuels, which represent as it were a capital stock of stored-up sunshine. We cannot maintain it half fortunate, half miserable, half confident, half despairing, half slave—to the ancient enemies of man—half free in a liberation of resources undreamed of until this day.

As prudential authorities and regulators of financial systems, central banks can advance this objective by establishing requirements for environmental risk management and reporting, incorporating impacts of natural disasters and climate change considerations into financial stress tests across institutions, adjusting capital provisioning to account for underpriced environmental risks, initiating prudential reviews of the impact of sustainability factors on financial stability, and stimulating markets for specific assets such as green bonds through asset purchases.

We are now in the middle of a long process of transition in the nature of the image which man has of himself and his environment.

The Ecological Economics of Boulding’s Spaceship Earth – ePubWU

In this view, consumption and production are always good the more the bestand success is measured by the amount of throughput of factors of production.

Her research interests include ecosystem services, protected areas benefits, and the relations between nature conservation and human well-being. One of the great puzzles in this connection, for instance, is why the take-off into science, which represents an “acceleration,” or an increase in the rate of growth of knowledge in European society in the sixteenth century, did not take place in China, which at that time about was unquestionably ahead of Europe, and one would think even more ready for the breakthrough.