There’s lots of talk recently about the wealth of Jeff Bezos. There are maps comparing his wealth to entire countries, a “You are Jeff Bezos” game where you can spend his money on different things - like paying their fair-share of taxes, and a graphic that puts his wealth in perspective. A recurring point is that most people simply cannot fathom the amount of money he has. The number is $150 billion. My favorite attempt to bring the number into human terms is Quartz’s article, “The average US worker would need 10 times the length of all human history to earn as much as Jeff Bezos”. This beautifully captures the point that someone does not simply earn or work for such an amount of money, but rather captures it. We, at degrowth.info, thought a similar calculation would be interesting. We wanted to know how many humble (but hopefully useful) projects like ours Jeff Bezos’ wealth could pay for. In case you haven’t heard already, degrowth.info is improving its site to better support the degrowth community and improve the usability of the platform – this will cost 7,500€.
Around the world, social movements are rising up in response to the multiple crises of our time. However, only few seem to focus on the task of building concrete institutions that could challenge existing structures and change the rules of our system. The world is facing one crisis after another. From climate breakdown and mass extinction to economic instability, inequality, and injustic...
At the recent World Economic Forum (WEF), a gathering of business and political leaders in Davos, it was noteworthy that WEF Director, Klaus Schwab, attempted to integrate ‘time’ into his diagnosis of the ecological crisis. "Shorter terms of office cut time horizons for decision-makers. The urgent scientific message on climate change finds it hard to cut through the news cycle." Schwab’s...
By Nina Treu According to recent calculations by the Macroeconomic Policy Institute the Euro-crisis has cost Greece almost a quarter of its GDP. This is the biggest ever recorded contraction of an economy in times of peace. It would be cynical to consider this an example for degrowth (or postgrowth) in Europe. This is certainly not the case. On the contrary, the mission statement of the degrow...
