Humanity appears caught in a trap with no way out. ‘Business as usual’ is no longer an option. However, halting and reversing our consumption of more and more ‘stuff’ appears likely to trigger a massive depression with serious unemployment and poverty. This is certainly true if all we do is ‘apply the brakes’ without fundamentally redesigning the whole economic system. We are facing a series of interlinked systemic problems – consuming beyond our planetary limits; untenable inequality; growing economic instability and a breakdown in the relationship between ‘more’ and ‘better’. The only way to overcome these systemic problems is through a set of solutions which themselves address the whole.
The Great Transition report sets out why the transition to a new economy is not only necessary, but also possible and desirable. It means re-thinking how we bank, generate energy, travel, and grow the food we depend on. It is a massive task that needs lots of organisations and people working together.
The report sets out a range of practical measures on housing, business, taxation, property and energy policy to make the Great Transition we urgently need.
Edited extract from the foreword.