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Degrowth can work — here’s how science can help
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.
Jason Hickel • Degrowth can work — here’s how science can help
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
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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
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