There’s lots of talk recently about the wealth of Jeff Bezos. There are maps comparing his wealth to entire countries, a “You are Jeff Bezos” game where you can spend his money on different things - like paying their fair-share of taxes, and a graphic that puts his wealth in perspective. A recurring point is that most people simply cannot fathom the amount of money he has. The number is $150 billion. My favorite attempt to bring the number into human terms is Quartz’s article, “The average US worker would need 10 times the length of all human history to earn as much as Jeff Bezos”. This beautifully captures the point that someone does not simply earn or work for such an amount of money, but rather captures it. We, at degrowth.info, thought a similar calculation would be interesting. We wanted to know how many humble (but hopefully useful) projects like ours Jeff Bezos’ wealth could pay for. In case you haven’t heard already, degrowth.info is improving its site to better support the degrowth community and improve the usability of the platform – this will cost 7,500€.
At the COP24 conference in Poland, countries are aiming to finalise the implementation plan for the 2015 Paris Agreement. The task has extra gravity in the wake of the recent IPCC report declaring that we have just 12 years to take the action needed to limit global warming to that infamous 1.5ᵒC target. Although the conference itself is open to selected state representatives only, many see t...
Day after day the media, at least the German ones, reveal new allegations against Volkswagen. Now that the scandal around the manipulated testing software for diesel emissions is widening, many fear that the current crisis will hit the company and the German automotive industry so badly that it will affect the whole German economy. This is no wonder, considering the widespread belief - also rei...
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...