Is this the moment to change the way we think about economic growth?
>...perhaps the current crisis is an opportunity to discuss an alternative to the economic orthodoxy of constant growth.
>Supporters of economic theories known as “degrowth” or “post-growth” say that capitalism’s pursuit of growth, along with the relentless consumption and production needed to sustain it, has run its course.
>They point to rising inequality, exceeding natural planetary boundaries and geopolitical struggles over scarcer energy resources.
>If slower economic growth is where we’re heading, degrowth and post-growth thinkers have already been exploring ways to make that transition smoother...
>A saying within degrowth circles is that the end to economic growth will happen either “by design or by disaster”.
>Does the slowing of economic growth in industrialised economies signal “degrowth by disaster”? And if so, perhaps it is time for businesses and governments to think about how to prepare for “degrowth by design”.
YES, PLEASE. It's about bloody time!
>Supporters of economic theories known as “degrowth” or “post-growth” say that capitalism’s pursuit of growth, along with the relentless consumption and production needed to sustain it, has run its course.
>They point to rising inequality, exceeding natural planetary boundaries and geopolitical struggles over scarcer energy resources.
>If slower economic growth is where we’re heading, degrowth and post-growth thinkers have already been exploring ways to make that transition smoother...
>A saying within degrowth circles is that the end to economic growth will happen either “by design or by disaster”.
>Does the slowing of economic growth in industrialised economies signal “degrowth by disaster”? And if so, perhaps it is time for businesses and governments to think about how to prepare for “degrowth by design”.
YES, PLEASE. It's about bloody time!