Logo degrowth

Blog

Five Proposals for the U.S. Economy

By: Giorgos Kallis

31.10.2016

We at Research & Degrowth are repeatedly being told that our framing won't work. That we are preaching to the choir by the way we frame our proposals, and that we will never convince the broader public. So, here are our policy proposals re-framed in the language of the U.S. elections.

Dedicated to all you framing aficionados out there.

 
  1. Oil-funded tax breaks

Abolish all income tax on incomes lower than $50,000 dollars per year. Finance this tax break by establishing a sovereign carbon fund financed by charges to the oil, coal and natural gas industry and by a carbon fee on trade imports.

  1. Jobs for all, fun for all

Make Friday a day off that we can dedicate to our families, friends and communities. Do not reduce salaries: same pay for four days of work. President Roosevelt did it during the Great Depression. This alone can create 10 million new jobs.

  1. Zero bank debt

No bank should lend more than its deposits. Banks cannot be allowed to create money out of thin air, while all the rest of us have to work hard just to get by.

  1. Freedom Income

Each and everyone should have the freedom to choose how to live their lives free from illness, hunger or fear. Establish a permanent freedom income of $800 per month, for every American. Pay for the income like Alaska did with a sovereign carbon fund. If this is not enough, finance it with a sovereign capital fund, funded by a progressive fee on excessive capital.

  1. Use it or lose it

Hard-working Americans should have the right to inhabit housing assets that are left unused for more than one year for the purpose of speculation.

For the original 10 degrowth proposals, see https://theleapblog.org/yes-we-can-prosper-without-growth-10-policy-proposals-for-the-new-left/

About the author

Giorgos Kallis

Giorgos Kallis is an ecological economist and political ecologist working on environmental justice and limits to growth. He has a Bachelors degree in chemistry and a Masters in environmental engineering from Imperial College, a PhD in environmental policy from the University of the Aegean, and a second Masters in economics from the Barcelona Graduate School of Economics. He is an ICREA professor since 2010. Before coming to Barcelona, Giorgos was a Marie Curie International Fellow at the Energy and Resources group at the University of California-Berkeley.

More from this author

Share on the corporate technosphere


Our republication policy

Support us

Blog

A Conference for Digitalization and Sustainability? Reflections on Bits & Bäume

Bitsba%cc%88ume

By: Nina Treu, Nicolas Guenot, Nick von Andrian

What could an alliance of techies and greens bring for a social, democratic and ecological future? The conference "Bits and Trees" ("Bits & Bäume" in German), which took place in Berlin on November 17th and 18th of this year, tried to shed light on this question. It brought together around 1.700 people interested and organized around digitalization and sustainability. Merely the name of ...

Blog

Naomi Klein: "Es gibt diesen August keinen wichtigeren Ort"

Der Kampf gegen Kohle im Rheinland trifft auf prominente internationale Unterstützung. Naomi Klein, Autorin von "Die Entscheidung: Kapitalismus vs. Klima" und Bill McKibben, Klimaaktivist und Mitbegründer der Klimaorganisation 350.org betonen in zwei Statements die immense Wichtigkeit des Kohleprotests im Rheinland. Dieser findet direkt nach unserer Sommerschule dort statt. Klein schreibt: "D...

Blog

„Die Ökonomien des Gemeinsamen“ – Ein Beitrag der Heinrich-Böll-Stiftung zur Degrowth-Konferenz

Unter dem Motto „Besser – Anders – Weniger“ beleuchtet das aktuelle Böll.Thema den weltweiten Trend zur Suche nach alternativen Wirtschaftskonzepten, denn schneller als die Wirtschaft wächst in vielen Teilen der Welt „das Unbehagen an einer Vorherrschaft der Wirtschaft, die alle Lebensbereiche dominiert“. Das Heft zeigt und verknüpft einige der vielfältigen konkreten Alternativen, die zunehmend [...]