COVID-19 is both one and the same as any other ecological crisis (such as climate change) because its emergence is rooted in the same mode of production that has generated all other ecological crises and social inequalities of our times. In late 2019, a novel coronavirus (SARS CoV-2) emerged from a wet market in Wuhan in the province of Hubei in China. It has so far resulted in cases ov...
In the early 17th century, the bubonic plague is said to have played a crucial role in popping the tulip bubble in the Netherlands. Today, the coronavirus (COVID-19) is leading not only to a health crisis, but also an economic one. The outbreak is sparking realistic fears of a deep global downturn. Our globalised, just-in-time, cost-cutting, risk-taking and profit-maximising economy has shown a...
Without trying to give definitions of growth or degrowth everybody knows anyway, I would like to emphasize that these phenomena were always subject to discussions. Even a non-economist knows that it is impossible to talk about growth without mentioning ideas like increases in production factors, industrialization or economic development. Any increase has to come to a [...]