This is a Peace Prize proposal, not a proposal for a new kind of Nobel Prize. In the Nobel Committee’s own words, “The Nobel Peace Prize 2004 was awarded to Wangari Maathai “for her contribution to sustainable development, democracy and peace.”
This is also not a proposal that all economic growth should end. Clearly some growth in the developing nations is needed to lift people out of poverty. But the unquestioned axiom of the current NeoClassical growth economics taught in all business schools is that all nations, corporations, businesses, etc. are benefitted by unending, exponential growth, when we have passed the point where growth in the scale of the human economy is reducing our well-being, making us ‘poorer’ in fact. The proposal questions this universal axiom of the current economic system.
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