Read the full version of the open letter here
The current economic downturn is not Degrowth, even if some people misleadingly call it that. Degrowth means ensuring everybody's basic needs are met by transforming our societies. With policies in place to do that, we could shut down much of the economy for months and everyone would still have enough food, shelter, and healthcare. In a Degrowth society, with relocalized economies, a pandemic like COVID-19 would be less likely, would spread less, and would cause less suffering. The economic crisis triggered by the pandemic is related to our dependence on growth. All interested individuals and organizations are invited to engage in an open debate to re-envision economy and society in the wake of the corona crisis. From May 29 to June 1, the (now online) international conference “Degrowth Vienna 2020: Strategies for a Social Ecological Transformation” will be held, and the Global Degrowth Day on June 6th.Catalan Croatian Danish Dutch French German Greek Hungarian Italian Korean Mandarin Portuguese Russian Slovenian Spanish Swedish Turkish
Middle-Europe's prosperity as well as our high levels of mobility and consumption are based on three industrial revolutions whose technical progress has constantly been increasing labour productivity. The consequences are paradoxical: On one hand it is possible to produce ever more goods with the same amount of work. On the other hand these productivity increases are being used to make human la...
By Nina Treu According to recent calculations by the Macroeconomic Policy Institute the Euro-crisis has cost Greece almost a quarter of its GDP. This is the biggest ever recorded contraction of an economy in times of peace. It would be cynical to consider this an example for degrowth (or postgrowth) in Europe. This is certainly not the case. On the contrary, the mission statement of the degrow...
By Christiane Kliemann Alberto Acosta, economist and father of the Ecuadorian constitution, made very clear in his opening speech, that it is not enough to simply do away with the growth paradigm if we miss to build up a different world altogether. On the example of a news article on the possibility of an economic recession in Germany and the devastating impacts this would have on other Europ...