By Chris Ward
Despite attending the conference, not everyone will fully understand what ‘Degrowth’ is, or the multitude of related terms that will be mentioned during the conference. Thankfully the first session on the schedule, offered by Federico Demaria and Giacomo D´Alisa was ideally suited for getting your knowledge up to scratch.
Judging by audience responses to the question “What is Degrowth?” there isn’t a concrete definition yet, but one is needed to make the term more understandable to the wider world. Currently ‘Degrowth’ is more of an intersection of several concepts, we need to be clearer with our vocabulary to emphasise ‘different’, not ‘less’.
‘Degrowth’ was first mentioned as a term by Gorz and later by Roegen and Grinevald in the 1970s
Degrowth lost some interest in 80s and 90s due to the prevailing neo-liberal thoughts of the era. It re-entered the public’s interest in the 00s especially around Europe and Latin America in some of the more traditionally activist countries and those worst hit by the Global Financial crisis.
Leipzig is 4th international conference on Degrowth, and now the term is being mentioned in mainstream media, academic courses and articles.
Let’s break apart the vocabulary apart a little…
The Limits of Growth
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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 ...