Read the full version of the open letter here
The current economic downturn is not Degrowth, even if some people misleadingly call it that. Degrowth means ensuring everybody's basic needs are met by transforming our societies. With policies in place to do that, we could shut down much of the economy for months and everyone would still have enough food, shelter, and healthcare. In a Degrowth society, with relocalized economies, a pandemic like COVID-19 would be less likely, would spread less, and would cause less suffering. The economic crisis triggered by the pandemic is related to our dependence on growth. All interested individuals and organizations are invited to engage in an open debate to re-envision economy and society in the wake of the corona crisis. From May 29 to June 1, the (now online) international conference “Degrowth Vienna 2020: Strategies for a Social Ecological Transformation” will be held, and the Global Degrowth Day on June 6th.Catalan Croatian Danish Dutch French German Greek Hungarian Italian Korean Mandarin Portuguese Russian Slovenian Spanish Swedish Turkish
Last month a group of academics working in the fields of development and environmental sciences in the Netherlands wrote a manifesto for post-corona recovery based on degrowth principles. This initiative gained widespread attention, pushing the degrowth agenda into (Dutch) mainstream consciousness and the traditional corridors of power. The initiative was born in conversations that various a...
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 ...
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 [...]