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 ...
By Nina Treu According to recent calculations by the Macroeconomic Policy Institute the Euro-crisis has cost Greece almost a quarter of its GDP. This is the biggest ever recorded contraction of an economy in times of peace. It would be cynical to consider this an example for degrowth (or postgrowth) in Europe. This is certainly not the case. On the contrary, the mission statement of the degrow...
Europe is exhausted. It is exhausted after long years of what is labeled as the Eurozone crisis. It is exhausted after years of economic success and – now – prolonged years of political failure. Every single attempt of deepening the political union of Europe after the enactment of the Maastricht Treaty in 1993 and the [...]