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€.
In the face of unfettered globalization, the rise of right-wing movements around the globe and the dangers of climate catastrophe, it seems easier to imagine the end of the world than an end to capitalism, growth and domination. However, in recent years something new has emerged to counter what Mark Fisher has called “capitalist realism:” after decades on the defensive against neoliberalism, th...
When the BBC asked me if I would participate in a debate panel on climate change, capitalism and democracy, I first panicked and then said yes. All I really wanted to do this week was finish up and (re)submit some research I started a long time ago. This research shows that, despite their massive growth, energy and carbon emissions cannot (statistically) explain improvements in international li...
Green growth advocates praise resource efficiency for its potential to incentivize the economy and lower its ecological impact. On the other hand, the Jevons Paradox, describes multiple situations (or rebound effects) in which increased efficiency leads to further consumption (either direct or indirect) which offsets the initial ecological benefits achieved. In this piece, I join this discussio...