Put simply, any generation of economic value requires resources. These resources are extracted from somewhere in the world, used in some fashion to create energy or further materialsUnfortunately, there are fundamental flaws in this plan. The Energy Return on Investment (EROI) of renewable energies is generally much lower than that of fossil fuels. In other words, for a given amount of resources invested in renewables, you receive much less usable energy back than the same investment in fossil fuels would yield. This is because power such as that from the sun and wind is more diffuse and harder to capture. Renewables, therefore, require more land, and their construction is energy-intensive and necessitates many rare earth materials. So although renewables create fewer carbon emissions than fossil fuels, their ecological impact shifts into other forms. Accordingly, recent research has shown that absolute decoupling of economic growth from material impact is incredibly unlikely, especially at the scale and pace needed to limit global warming to below the much-discussed two-degree rise above pre-industrial levels. Even if a global rollout of renewable technologies occurred tomorrow, it is unlikely that their energy returns would be sufficient to meet the current energy demand of the global economy. For these reasons, the growth paradigm cannot deliver the economic and social transformation required to meaningfully combat climate and ecological breakdown. If we are to create a just and sustainable future for life on Earth, we must instead look to alternative economic paradigms which explicitly contest the growth imperative. One such paradigm is degrowth.
Degrowth does not represent the opposite of growth, recession, but a complete restructuring of society around values of conviviality, solidarity, and sufficiency.To achieve this aim, degrowth argues for establishing more localized economies, which reduce the reliance on high-emission international trade flows. By strengthening the role of co-operatives, solidarity and sharing economies, production processes could be democratically organized around social and ecological well-being, rather than the resource-insatiable profit motive. As a result, the power of the wage-labour market over peoples’ lives would also be diminished. Consequently, degrowth not only provides a practical route out of climate breakdown but also offers the prospect of simpler, more fulfilling ways of living, where more time can be dedicated to community, relationships and creative pursuits. To reframe Kennedy’s words, degrowth truly has the power to prioritize the things which make life worthwhile.
Chile despertó, “Chile woke up” reads the main slogan used in the massive protests that have brought Chile to a halt. People flooded the streets demanding deep structural changes in enormous, mainly peaceful protests, the biggest one of which took place on 10/25 gathering more than one million people. No son 30 pesos, son 30 años No son 30 pesos, son 30 años, reads another popular protest ban...
When it comes to technological development, I often hear the words: What can be done will be done – sooner or later. Many people think that technological development follows a path directed by quasi-natural laws that head into one and only one direction – called “progress” – which is: to use more technology, more complex technology, more expensive technology, more powerful technology. Now, if t...
By Lasse Thiele Is degrowth only conceivable in the context of “oversaturated” industrial societies while the global “South” remains dependent on growth? In two installments, this article questions such assumptions. In this first part it introduces positions critical of development which refuse to adopt the Western model of prosperity; the second part will focus on the analysis of these positi...