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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Is degrowth possible under capitalism? (slrpnk.net)
submitted 1 year ago by [email protected] to c/[email protected]
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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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[–] [email protected] 1 points 1 year ago (1 children)

Maybe if everyone had access to roughly the same wealth, market economy could be a good method of balancing economy ?

[–] [email protected] 1 points 1 year ago (1 children)

Yes but it's tough to imagine a path to that.

[–] [email protected] 2 points 1 year ago (1 children)

True. But there has been experiments, especially around melting currencies (is that the correct English name ?).

A recent example (in French, but I guess automatic translators are good enough now ?) : https://monnaie-libre.fr/

[–] [email protected] 1 points 1 year ago (1 children)

Thank you for that, I wasn't aware that was a thing! I'll bookmark that to read later as it seems a bit long! I didn't even know melting currencies were a thing

[–] [email protected] 2 points 1 year ago

Such is the power of economic orthodoxy - to trick you into thinking there is no alternative, that economic laws are laws of nature when they are "only" social constructions ...