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 face of unfettered globalization, the rise of right-wing movements around the globe and the dangers of climate catastrophe, it seems easier to imagine the end of the world than an end to capitalism, growth and domination. However, in recent years something new has emerged to counter what Mark Fisher has called “capitalist realism:” after decades on the defensive against neoliberalism, th...
Introducing a series of proposals for a truly transformative GND The Green New Deal is on everyone’s lips and policy platforms. Liberal pundit Thomas Friedman coined the term in 2007, and Left parties in the UK called for a Green New Deal during the recession that followed the 2008 global financial crash. Last year, Congresswoman Alexandria Ocasio Cortez rebooted the idea in the United Sta...
Some people object to the concept of “natural capital” because they say it reduces nature to the status of a commodity to be marketed at its exchange value. This indeed is a danger, well discussed by George Monbiot. Monbiot’s criticism rightly focuses on the monetary pricing of natural capital. But it is worth clarifying that the word “capital” in its original non-monetary sense means “a stock ...
