DBT
Contributor
Steady state economics worked "well" for centuries, during the Middle Ages.Brian Czech and Herman Daly propose steady state economics.
Population growth was kept in check by disease, famine, and war; Almost everyone was fated to do the exact same job as their father (if they lived to adulthood).
Personally, I don't think many people would like to return to such a system.
It's not a law of nature that a steady state economy must take that form. We don't have to be that one dimensional in our thinking and planning. It can be much the same as we have here and now, a mixture of capitalism with social security nets in place, just without the perceived dependency on perpetual growth.