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
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 ...
Attempts to integrate economics and ecology have been based on one of three strategies: (1) economic imperialism; (2) ecological reductionism; (3) steady-state subsystem. Each strategy begins with the picture of the economy as a subsystem of the finite ecosystem. Thus all three recognize limits to growth. The differences concern the way they each treat [...]
By Friederike Habermann Growth is no option, considering that an absolute decoupling of growth and resource use has historically proven impossible – This position unites everybody who contributes to the Degrowth-conference. In the media too there is an increasing presence of growth critique. Even the German liberal weekly newspaper “Die Zeit” (No. 10/2013) ends an editorial on this topic sayin...