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A sector of the Left: Stop economic growth to save climate
Posted on: August 18, 2020 at 13:23:59 CT
mizzouSECedes STL
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Claims developed countries should go into a state of "degrowth" and let other countries catch up, for the climate's sake.
"But degrowth is building an economy that does not require growth in the first place, which can deliver high levels of human flourishing without growth. In a recession you see inequality rise, you see joblessness rise. In degrowth, you have a reduction of inequality. You have full employment, which you achieve through a shorter working week and a job guarantee."
Trump was so close to achieving "degrowth" with his 3% unemployment pre-pandemic.
https://www.bloomberg.com/news/articles/2020-08-18/why-degrowth-may-be-necessary-to-prevent-climate-catastrophe?utm_content=business&utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&sref=HhnMqnQc
Edited by mizzouSECedes at 13:24:59 on 08/18/20
"But degrowth is building an economy that does not require growth in the first place, which can deliver high levels of human flourishing without growth. In a recession you see inequality rise, you see joblessness rise. In degrowth, you have a reduction of inequality. You have full employment, which you achieve through a shorter working week and a job guarantee."
Trump was so close to achieving "degrowth" with his 3% unemployment pre-pandemic.
https://www.bloomberg.com/news/articles/2020-08-18/why-degrowth-may-be-necessary-to-prevent-climate-catastrophe?utm_content=business&utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&sref=HhnMqnQc
Edited by mizzouSECedes at 13:24:59 on 08/18/20
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A sector of the Left: Stop economic growth to save climate - mizzouSECedes STL - 8/18 13:23:59
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