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Can we have prosperity without growth? With Tim Jackson

Is prosperity possible without growth? And in an age of environmental crisis and rising inequality, is our obsession with economic expansion doing more harm than good? On the podcast today, renowned economist Professor Tim Jackson challenges the very foundations of our economic thinking. In his grou

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Executive Summary: Tim Jackson argues that prosperity should be defined by health, balance, and care rather than GDP growth. Drawing on personal health, NHS history, and ecological/economic critique, he shows how growth-driven systems undermine care, fuel chronic disease, and intensify violence and inequality. The book calls for personal and political rebellion toward well-being-centered economics.

Main Topics: Why write The Care Economy (Priority: 5/5): Jackson explains the book as an extension of Prosperity Without Growth, aiming to fully develop care as a foundational economic principle and to challenge why obvious truths about care are systematically ignored. Care as balance, not sentiment (Priority: 5/5): He reframes care as the active process of bringing systems back into balance—physiological, social, and political—rather than a vague moral good or emotional softness. Health versus wealth (Priority: 5/5): Jackson contrasts health as balance and maintenance with wealth and growth as accumulation, arguing that the economy confuses success with expansion and neglects the conditions of well-being. The NHS, Tredegar, and the history of public health (Priority: 4/5): Using Nye Bevan, Tredegar, and early medical aid societies, he traces how universal healthcare emerged from industrial exploitation and how today’s chronic disease burden challenges the original welfare model. Stress, modern environments, and chronic disease (Priority: 5/5): He argues humans evolved for acute stress, not constant monetized pressure, and that today’s food, media, and competitive systems keep people out of balance, driving chronic illness. Diet, addiction, and personal agency (Priority: 4/5): Jackson describes his own pre-diabetes/diabetes diagnosis to show how hard it is to choose healthy food in an obesogenic environment, making individual responsibility both possible and structurally constrained. Care, violence, and geopolitics (Priority: 4/5): He links care’s absence to rising militarism and rearmament, arguing that diplomacy and care are displaced by violence, making the care economy more relevant in a harsher political world.

Key Arguments: Care should be treated as a foundational principle for economic and social life, but growth-oriented capitalism systematically sidelines it. Health is better understood as balance and constant regulation than as endless improvement, pleasure-seeking, or the absence of pain. Growth is useful in conditions of deficiency, but beyond basic need it becomes a distorted organizing principle that ignores limits and health. Modern capitalism monetizes human neuropsychology, keeping people in states of craving, stress, and imbalance that are bad for health. The historical success of the NHS showed a different social contract, but today chronic disease and lifestyle-related illness require addressing upstream causes, not just symptoms. Dietary change can improve health, but individuals face a deeply broken food system that makes rebellion against unhealthy defaults difficult. Care cannot be understood without its opposite, violence; the failure of care in politics and international relations helps explain militarization. Readers should see caring for their own balance as an act of agency and resistance against systems that profit from ill health.

Data Points: Book origin: Prosperity Without Growth (15 years earlier) - Jackson says The Care Economy develops ideas only partially articulated in his earlier book. Writing period: End of 2021 to 2022 - He began writing during the transition from pandemic recovery into war in Ukraine. Russia invasion of Ukraine: 24 February 2022 - He cites the invasion as a turning point that shifted the political climate toward violence and away from care. Chronic disease share of global deaths: 74% - Jackson says 74% of global deaths are now associated with chronic disease. High blood sugar prevalence among his age group: Two-thirds - He notes that two-thirds of people of his age have high blood sugar. High blood sugar prevalence among kids: One-third - He says a third of children have high blood sugar. High blood sugar prevalence in the US: Getting on for one-third - He cites roughly one-third of Americans with high blood sugar. Metabolic dysfunction in the US: 90% - He says 90% of people in the US have some form of metabolic dysfunction. UK unhealthy diet cost: £268 billion per year - From research he later did for the Food Farming Countryside Commission, estimating the economic cost of an unhealthy diet. UK recovery/health spending vs rearmament: Less than one-twentieth - He contrasts EU spending on health initiatives with planned rearmament spending. EU rearmament plan: €800 billion - He cites this as a major shift toward militarization. EU health initiative paid out: €43 billion - He says only around this amount from the Recovery and Resilience Facility had been paid out to health-related initiatives. EU4Health budget: €5.8 billion - He compares this to the much larger rearmament commitment.

Pivotal Quotes: "care is a foundational principle. for economic, for organic life, but isn't a foundational principle for economic life" — Tim Jackson: Explaining the premise of The Care Economy and why care is central but ignored in conventional economics. "Health, in most of our understanding or medical understanding of it, for quite a long time, health is primarily about the idea of balance." — Tim Jackson: Defining health in contrast to wealth and growth. "You can't really hope to understand care unless you. Look at and understand its nemesis, which is violence." — Kathleen Lynch (quoted by Tim Jackson): Jackson uses this idea to link care, militarism, and geopolitical instability.

Implications: Jackson’s message is that well-being policy must target systems, not just individuals: food, healthcare, labor, and geopolitics need redesign around balance and care. For listeners, caring for health becomes both practical self-defense and political resistance.

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