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€.
Previous global ‘efforts’ to tackle climate breakdown have failed dramatically, because they have been based on a fundamentally flawed economic paradigm: growth. The concept of growth is an altar at which economists, politicians and businesspeople across the political spectrum have worshipped for decades. Unfortunately, where the planet’s long-term habitability is concerned, it is this obsessi...
“When you told your friends and family you were going to a degrowth gathering, they asked, ‘What is degrowth?’ How did you respond?” The 2018 degrowUS gathering from September 28-30 2018 in Chicago began with this question. The first day’s thirty-odd attendees wrote their responses on sticky notes as they scraped the last bites of lunch off the dishes the event’s organizers had told them to ...
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 ...
