Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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MrMakabar

Is degrowth possible under capitalism? (self.degrowth)

submitted 1 year ago by mambabasa to c/degrowth

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Let's put some life into this sub. I don't think degrowth is possible under capitalism because the imperative to degrow contradicts the capitalist drive for the creation of value (valorization) which must always grow under capitalism'

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[–] cerement 2 points 1 year ago (1 children)

“Degrowth theory argues to abandon economic growth in GDP as a policy objective and instead focus on economic and social metrics such as life expectancy, health, education, housing, and access to work as indicators of human well-being, as well as take environmental degradation into account when measuring economic development.” [emphasis added]

—“Degrowth” at Wikipedia

[–] MrMakabar 2 points 1 year ago

The wikipedia entry has a big fat This article has multiple issues. Please help improve it or discuss these issues on the talk page. due to the term degrowth being badly defined especially in English. So you get ideas like deliberatly shrinking the economy until in planetary boundaries to be part of degrowth. For example here it is used insuch a context:

https://degrowth.org/definition/

https://www.nature.com/articles/d41586-022-04412-x