Five key dimensions of post-growth business: Putting the pieces together

Abstract

As there has been no evidence of the kind of environmental decoupling necessary to allow for green economic growth, academic and activist discussions alike have turned to exploring post-growth pathways. Such a transformation entails a significant shift in economic institutions, yet post-growth analyses of what is problematic about businesses and how to resolve these issues are piecemeal. This article offers an overview and synthesis of key findings in the emerging post-growth business literature. Using institutional analysis, it develops a framework that conceptually ties together five dimensions of business that have been identified as most important for post-growth transformations: relationship-to-profit, incorporation structure, governance structure, strategy, and size and geographical scope. The intention of developing this five-dimensions framework is to offer a more coherent and concrete theoretical basis for ongoing discussions about which types of business are compatible, or incompatible, with post-growth pathways.