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  • Introduction
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    • Stefanie Babst, NATO – Rethinking Our Approach to Global Security
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    • Wayne Best, Visa Inc – Demographics and Demand
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Global Strategic Foresight Community Home Previous Next
  • Report Home
  • Introduction
  • Executive Summaries
  • Global Shifts
    • Stefanie Babst, NATO – Rethinking Our Approach to Global Security
    • Jeremy Bentham, Royal Dutch Shell Plc – Reframing the Climate Change Debate
    • Wayne Best, Visa Inc – Demographics and Demand
    • Jean-Claude Burgelman, European Commission – A “New Deal” on Green Growth
    • Jakkie Cilliers, Institute for Security Studies – Reclaiming Legitimacy in Global Governance
    • Thomas E. Cremins, NASA – A New Space Age
    • Kristel Van der Elst, The Global Foresight Group – Rethinking Ageing
    • Tina Fordham, Citigroup – Vox Populi Risk
    • Julius Gatune, African Centre for Economic Transformation – Rethinking the Informal Economy
    • Jerome Glenn, The Millennium Project – The Age of Conscious-Technology
    • Derrick Gosselin, SCK.CEN – Predictive Analytics
    • Stefan Hajkowicz, CSIRO – The Potential of the Creative Economy
    • Kathleen Hicks, CSIS – New Security Challenges Posed by Megacities
    • Claudia Juech, The Rockefeller Foundation – Economic Opportunities in the 21st Century
    • Katell Le Goulven, UNICEF – Agile Development
    • Chris Luebkeman, Arup Group Ltd – Ambient Technology in Cities
    • Marios Maratheftis, Standard Chartered Bank – Shifting Geo-Economic Power
    • Daizo Motoyoshi, LIXIL Group Corporation – Revival of Japan
    • Herbert Oberhänsli, Nestlé SA – Rethinking Freshwater
    • Seongwon Park, STEPI – The Rising Appeal of a De-Growth Future
    • Rafael Ramírez, University of Oxford – The Possible Future of the Economics Profession
    • Rogerio Rizzi de Oliveira, Hewlett-Packard Company – Improving the Quality of Life in Megacities
    • Nouriel Roubini, New York University – The Third Industrial Revolution
    • Francisco Sagasti, FORO Nacional Internacional – The Changing Nature of Livelihoods
    • Trudpert Schelb, Siemens AG – The Next Stage of Individualization
    • Peter Schwartz, Salesforce – Fundamental Technological Progress Driving Economic Growth
    • Angela Wilkinson, OECD – Progressing Well-Being through Inclusive Growth
    • Jill Wong, Singapore Government – The Impact of Automation on Jobs and Society
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  • Economics Growth and Development
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The Rising Appeal of a De-Growth Future
When Youngsters’ “Wandering Society” Desires Become Possible with Technological Advances and New Ownership Concepts

Seongwon Park, Science and Technology Policy Institute (STEPI)

 

The old Daoist idea of the “wandering society” – people who like to move about aimlessly, looking for new horizons and boundaries – has been largely lost over the years, as industriousness has come to define the modern world. But there is renewed interest in lifestyles that do not prioritize growth. In a survey of more than 2,000 South Koreans in September 2014, more than half said they are attracted to such a future. Proponents argue that to work less and have more leisure time, to conserve what exists rather than to produce more, is an appropriate response to the current global issues of energy depletion and environmental pressures. Technological advances and new concepts of ownership, as seen in the sharing economy, increasingly make this world conceivable on a large scale.

 


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22---Park-2

 

Seongwon Park

Associate Research Fellow, Science and Technology Policy Institute (STEPI)

Author

22---Park-2

 

Seongwon Park

Associate Research Fellow, Science and Technology Policy Institute (STEPI)

Disclaimer

All opinions expressed herein are those of the authors. The World Economic Forum provides an independent and impartial platform dedicated to generating debate around the key topics that shape global, regional and industry agendas.

Disclaimer

All opinions expressed herein are those of the authors. The World Economic Forum provides an independent and impartial platform dedicated to generating debate around the key topics that shape global, regional and industry agendas.

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De-growth future: there is renewed interest in lifestyles that do not prioritize growth

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De-growth future: there is renewed interest in lifestyles that do not prioritize growth
Some possible visions of the future see economic growth being ended by war, pandemic or natural disaster. But what if people freely choose “zero growth” or even “de-growth”, i.e. a future with no or even negative economic growth? This idea is not new: the “wandering society” has roots in Daoist traditions, among others. After being forgotten for a long time, there is a renewed wave of interest in rejecting the growth-driven paradigm. So what might a future without economic growth look like – and how painful would it be to get there? 

The idea of rejecting materialist values and living a carefree life is as old as the history of thought and still capable of resonating deep in the human psyche. In East Asia, it finds expression in such texts as Zhuangzi, one of the classical texts of Daoism, the tradition which stresses the interdependence of all things and is the inspiration behind many traditions of art, calligraphy and poetry. 

The old Daoist ideas of the “wandering society” – people who like to move about aimlessly, looking for new horizons and boundaries – have been largely lost over the years, as industriousness has come to define the modern world. As a society, we appear to have largely lost the ability to imagine different worlds from the dominant contemporary lifestyle, which emphasizes working more with more resources. 

But there are signs that the appeal of the nomadic life – unbounded, unsettled, willing to challenge the familiar – may be about to reassert itself. An example from the other side of the world comes in the popularity of the story of Christopher McCandless, whose 1992 death in Alaska was portrayed in the 2007 film Into The Wild. The protagonist’s family could not comprehend his desire to give away all his possessions and turn his back on education, but for many others his story tapped a latent yearning for the “wild” or dissatisfaction with a “caged” existence. 

There is growing interest in moving from a consumer society to a wandering society. In a survey of more than 2,000 South Koreans in September 2014, more than half said they were attracted to a de-growth future. 

Conducted by the Korean Presidential Committee for National Cohesion, the survey was intended to check the findings of a futures workshop for Korean people aged 20 to 34. Participants were asked to discuss and choose which of four scenarios they preferred, with the majority looking for alternatives to a continuation of our current model centred on economic growth.

New proponents of the wandering society argue that the desire for less work and more leisure, to conserve what exists rather than to produce more, is an appropriate response to the current global issues of energy depletion and environmental pressures. Some people are actually trying to build and run a wandering society, such as the Auroville community in India. It is possible to imagine slogans such as “Growth without Waste” or “Society Seeking the Highest Efficiency” rallying support behind such a political programme.

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Moving from a consumer society to the old Daoist idea of the “wandering society”

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Moving from a consumer society to the old Daoist idea of the “wandering society”

Technological advances are making the wandering society conceivable on a large scale. As explored in Jeremy Rifkin’s recent book The Zero Marginal Cost Society, as we move from a capitalist economy to a sharing economy, the marginal costs of many products and services are being driven towards zero and concepts of ownership are giving way to new models of collaborating to share resources. Rifkin forecasts a similar development of people embracing leisure time because of less production requirements as more and more is shared and less is owned.

If the idea of a wandering society seriously takes hold, how would the world handle the transition away from a paradigm of primarily pursuing economic growth? And what might we see in such a world? 

Such a new world might have serious birthing pains. Far from East Asia increasingly creating its own demand, as conventional economic wisdom predicts, demand in East Asian economies could be curtailed. The economic impact could make people feel more uncertain and put off having children, resulting in a decline in the birth rate. The expected rate of urbanization could be in doubt. Central governments might become weaker, while local governments become stronger, as people launch self-sufficient village networks. 

There would also be opportunities to redefine fundamental ideas about economics. We could, for example, see new regulations setting limits on each country’s use of non-renewable resources. Mechanisms could evolve to embed the negative externalities of a good’s production in its price. Societies could vote for longer weekends and shorter working hours – or establish targets to produce the goods which are needed, and then enjoy the rest of their time in leisure.

Rather than prioritizing material affluence through gross domestic product, governments could target measures of mental and spiritual well-being such as gross national happiness as indicators of successful governance. By its nature, the wandering society implies uncertainty – but the new values and norms which emerge could be positive.

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