The idea is to try to bring degrowth’s abstract ideas to the ground and think more concretely about the metabolisms, policies, economics and politics that can make degrowth REAL.
We need keystone policies that are underpinned by a vision of a rich social, personal and economic habitat for people. The role of politics is to design institutions and policies that enable people to co-operate and that facilitate citizens to act for the common good. The policies mentioned above function in this way. If key principles are observed or key attitudes developed, many structural problems can work themselves out in practice.
Since 2017, Positive Money Europe has been vocally criticizing the way in which the ECB’s corporate quantitative easing programme (CSPP) benefits mainly massive multinational corporations, and in particular those contributing most to climate change.
For some on the left, environmental justice remains as important to their DNA as any other type of justice: their heart always has been, and still is, firmly in it. But more generally, some things still feel a bit… lacking.
While not offering a critique of the degrowth discourse, I throw some light on the debate by offering a deeper and more useful conceptualization that avoids the negative connotations of, and resistance to, “degrowth”
In the matter of Free Trade, as with any ideology, there are none so zealous as the newly converted.
We should be mindful, as ecological economist Herman Daly once remarked, that policy-making in taxation, greenhouse gas emissions, pensions, criminal justice, welfare, etc, requires boundaries.
What does the future hold for the sharing economy movement unless it mobilises to reform government policies that are the root cause of climate change and socio-economic exclusion?
There has been no fundamental reshaping, anywhere, of the market machine, however loud its critics have become.
A comment from a Swedish businessman caught my ear: “When you have heavy taxes, it takes away the desire to get rich, and then you start focusing on things that are more important than money. You care about other things than just getting ahead.”
Paulson is a self-avowed, die-hard conservationist. He drives a Prius, is an avid bird watcher, and was even chairman of The Nature Conservancy. Surely, looking out at the Tetons, across that idyllic Jackson Hole, Paulson would be questioning the merits of further growth in the age of Supply Shock.
If nature were a corporation it would be a large cap stock. Putting a precise tag on something long seen as free is a conceptual leap. However many large companies are starting to realize the extent to which their profits rely on well-operating ecosystems.