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€.
In the 1980s, cities were defined as the ‘growth machines’ of the economy (Molotch, 1976). Today, urban economists epitomize them as economic ‘triumphs’ (Glaeser, 2011). Cities, intended as dense and mixed forms of urban living organized in agglomerations of economic activities, are presented as the solution to many of contemporary socio-ecological problems. They are viewed as the location of t...
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 ...
By Christopher Boyce I write this sitting in a service station on the M11 in the UK travelling back from Leipzig after what was an inspiring conference on degrowth. I’ve been hitching for only a couple of years now, but as soon as my talk on money and happiness was accepted for the conference in Leipzig, [...]
