![Thumbnail of Degrowth can work — here’s how science can help](https://media.nature.com/lw1024/magazine-assets/d41586-022-04412-x/d41586-022-04412-x_23807806.jpg)
added by Jennifer Baez · updated 2y ago
added by Jennifer Baez · updated 2y ago
The
global economy is structured around growth — the idea that firms, industries and nations must increase production every year, regardless of whether it is needed.
Jennifer Baez added 2y ago
Balancing the national economy will require new macro-economic models that combine economic, financial, social and ecological variables. Models such as LowGrow SFC (developed by T.J. and P.A.V.), EUROGREEN and MEDEAS are already being used to project the impacts of degrowth policies, including redistributive tax
... See moreJennifer Baez added 2y ago
The large numbers of workers who have left their jobs in movements such as the US Great Resignation or the Lying Flat protest groups in China show there is demand for shorter working hours and more humane and meaningful work. Nonetheless, political parties that have put forward degrowth ideas have received limited support in elections. That begs t
... See moreJennifer Baez added 2y ago