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
The following text is an excerpt from “Towards an Ecology of Care: Basic Income Beyond the Nation-state (unpublished). Even though the degrowth movement has shown the limits of our civillization’s obsession with growth, and has promoted and proposed complementary currencies, the degrowth critique has yet to consider the role that money/credit creation plays more explicitly. Ecological ec...
The annual World Economic Forum in Davos brought together representatives from government and business to deliberate how to solve the worsening climate and ecological crisis. The meeting came just as devastating bush fires were abating in Australia. These fires are thought to have killed up to one billion animals and generated a new wave of climate refugees. Yet, as with the COP25 climate talks...
It is great to see an attempt to put degrowth ideas into a straightforward form that can be taken into political debate. However, the selection of points is critical and I am not convinced that this is the right selection. I'll just take issue with two: 1. Zero bank-debts “No bank should lend more than its deposits. Banks cannot be allowed to create money out of thin air, while all the ...