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Is degrowth possible under capitalism?
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this post was submitted on 17 Sep 2023
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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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Degrowth isn't the same as a shrinking of economy due to war and crisis. It is the intentional slowdown of the economy towards very specific ends: less work, less consumption, more welfare, etc.
That's not degrowth then. That's the repurpose of the economy. Definanciarisation would be a better term IMO. Or people oriented economy.
As I said, growth is an illusion for people to believe the system will benefit the poor as well as the rich. If they believe it, they can't wish for degrowth, because they understand very well who will suffer from the decrease of growth.
Of course that's degrowth. That's the accepted definition among degrowthers. Degrowth is about benefiting the poor as well. Stop talking out of your asshole.