Economics Needs a Rethink
It’s really quite straightforward. Right now, the dominant assumption in economics is that all sectors of the economy must grow, all the time, regardless of whether or not we actually need them to. This is an irrational way to manage an economy at the best of times, but during an ecological emergency it is clearly dangerous. Instead, we should
... See moreJason Hickel • Less is More: How Degrowth Will Save the World
Proponents of degrowth argue that economic growth is predicated on the continuous extraction of natural resources, and so infinite growth in a world in which resources are finite is, by definition, impossible. In fact, the pursuit of infinite growth is what led civilization down the path of climate change, ecological destruction, biodiversity loss,
... See moreWalter James • Growing Idea of Degrowth - by Walter James - Power Japan Growing Idea of Degrowth
One person who was willing to risk political suicide was the visionary systems thinker Donella Meadows – one of the lead authors of the 1972 Limits to Growth report – and she didn’t mince her words. ‘Growth is one of the stupidest purposes ever invented by any culture,’ she declared in the late 1990s; ‘we’ve got to have an enough.’ In response to
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