Growth Independence: Transformation and Prosperity – Without Growth

Radically changed global conditions are forcing a “Great Transformation” of the economy and society. Predominantly, this is understood as a modernisation process associated with massive investments and a surge in (green) growth. However, the likelihood of such a scenario is fading and it seems necessary to invest more research activity and more political attention in alternative scenarios. The resilience of the economic and social order will depend on whether it is possible to establish a prosperity perspective that is independent of growth. With “Renewing Prosperity,” the German Federal Ministry of Economic Affairs and Climate Action has presented some building blocks that can be part of a strategic reorientation.