Prosperity is more than material things

In this compelling episode, we sit down with Professor Tim Jackson, renowned economist, author of Prosperity Without Growth, and Director of the Centre for the Understanding of Sustainable Prosperity at the University of Surrey. Together, we explore the profound dilemma at the heart of modern capitalism: our dependence on endless economic growth in a world with finite resources. Professor Jackson unpacks why growth has become the secular religion of our time, driving consumerism, inequality, and ecological destruction. He questions the sustainability and morality of a system that equates prosperity with ever-increasing consumption and productivity, and instead calls for a new economic model—one grounded in fairness, ecological limits, and meaningful human flourishing. From the myth that growth is necessary for full employment, to the iron cage of consumerism, to the need for structural transformation in finance, work, and governance, Jackson offers a thoughtful, accessible, and deeply humane critique of the status quo. He discusses the relevance of degrowth, the role of technology, and why redefining prosperity is essential to building a more just and resilient future—especially for the world's poorest. This episode is a must-listen for anyone concerned about inequality, climate change, and the future of our economies. Whether you're a policymaker, activist, student, or simply someone looking for hope beyond GDP, Professor Jackson's insights will inspire you to imagine—and work toward—a better world. What you’ll learn in this episode: Why endless economic growth is unsustainable – and why it's still central to modern capitalism. The core “dilemma of growth”: Why economies collapse without growth, yet growth itself is destroying our planet. How capitalism concentrates wealth and perpetuates inequality—and whether it should be reformed or replaced. What “prosperity” really means beyond material wealth: purpose, community, and well-being. The trap of consumerism and how it functions like a modern secular religion. Why degrowth isn't just about doing less—but about creating a system that values people over profit. How we can ensure full employment and economic stability without relying on GDP growth. Realistic political and financial strategies to transition toward a sustainable economy. Why technology alone isn’t the answer—and what deeper structural changes are needed. Where global fairness fits in: Why the poorest regions need growth, and the richest need restraint. Photo Credit: Markus A. Langer