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€.
Call for participation On 7 and 8 July 2017, the Leaders of the Group of 20 (G20) will meet in Hamburg. This self-styled club of 19 of the most powerful economies in the world and the EU claims to fight global crises. However, reality reveals a different picture: The G20 defends a system that exacerbates social disparities instead of leading policies against deprivation and hunger and...
The workshop “How to sell degrowth: Business models II” was a short paper session following the scientific paper session “How to sell degrowth: Business models I”. Gabriel Trettel Silva as the first presenter rose the question of whether or not profit-making is compatible with the principles of a steady-state economy. His own conclusion was that it [...]
Without trying to give definitions of growth or degrowth everybody knows anyway, I would like to emphasize that these phenomena were always subject to discussions. Even a non-economist knows that it is impossible to talk about growth without mentioning ideas like increases in production factors, industrialization or economic development. Any increase has to come to a [...]
