Logo degrowth

Blog

Five Proposals for the U.S. Economy

By: Giorgos Kallis

31.10.2016

We at Research & Degrowth are repeatedly being told that our framing won't work. That we are preaching to the choir by the way we frame our proposals, and that we will never convince the broader public. So, here are our policy proposals re-framed in the language of the U.S. elections.

Dedicated to all you framing aficionados out there.

 
  1. Oil-funded tax breaks

Abolish all income tax on incomes lower than $50,000 dollars per year. Finance this tax break by establishing a sovereign carbon fund financed by charges to the oil, coal and natural gas industry and by a carbon fee on trade imports.

  1. Jobs for all, fun for all

Make Friday a day off that we can dedicate to our families, friends and communities. Do not reduce salaries: same pay for four days of work. President Roosevelt did it during the Great Depression. This alone can create 10 million new jobs.

  1. Zero bank debt

No bank should lend more than its deposits. Banks cannot be allowed to create money out of thin air, while all the rest of us have to work hard just to get by.

  1. Freedom Income

Each and everyone should have the freedom to choose how to live their lives free from illness, hunger or fear. Establish a permanent freedom income of $800 per month, for every American. Pay for the income like Alaska did with a sovereign carbon fund. If this is not enough, finance it with a sovereign capital fund, funded by a progressive fee on excessive capital.

  1. Use it or lose it

Hard-working Americans should have the right to inhabit housing assets that are left unused for more than one year for the purpose of speculation.

For the original 10 degrowth proposals, see https://theleapblog.org/yes-we-can-prosper-without-growth-10-policy-proposals-for-the-new-left/

About the author

Giorgos Kallis

Giorgos Kallis is an ecological economist and political ecologist working on environmental justice and limits to growth. He has a Bachelors degree in chemistry and a Masters in environmental engineering from Imperial College, a PhD in environmental policy from the University of the Aegean, and a second Masters in economics from the Barcelona Graduate School of Economics. He is an ICREA professor since 2010. Before coming to Barcelona, Giorgos was a Marie Curie International Fellow at the Energy and Resources group at the University of California-Berkeley.

More from this author

Share on the corporate technosphere


Our republication policy

Support us

Blog

54 einfache Veranstaltungen um die Welt zu verbessern – Ihr Finanzberater hasst sie!

Titelbild

By: Kai Kuhnhenn

In unserer letzten Telefonkonferenz des Web-Teams wurde ich gebeten, ein Zwischenfazit für den „Stream towards Degrowth 2016“ zu schreiben. Ein undankbarer Job, denn – so interessant und unterschiedlich die Veranstaltungen des Streams im Einzelnen sind – so uninteressant sind Zwischenfazits, die wohl- oder übel auf eher abstrakter Ebene arbeiten. Mein Kollege Christopher meinte ich solle einfac...

Blog

Rethinking Degrowth: Islamic Perspectives

By: Odeh Al Jayyousi

With the "Islamic Declaration on Global Climate Change" published by the International Islamic Climate Change Symposium earlier this month, another world religion has expressed heavy concerns about the pursuit of relentless economic growth. Professor Odeh Al Jayyousi, one of the members of the Symposium, had attended our summer school on degrowth and climate justice right before the symposium a...

Blog

Alternativen zum Massenkonsum: Sharing, Repair und Co. – was wir ändern können

Dieser Artikel ist im Rahmen der Theoriewerkstatt zu Wachstumszwängen entstanden. Im ersten Teil dieses Artikels haben wir beleuchtet, warum die klassischen Wirtschaftswissenschaften Wirtschaftswachstum für notwendig halten, um die Konsumwünsche einer Bevölkerung zu befriedigen, sowie die Fragwürdigkeit dieser Annahme offengelegt. Um es nicht bei der Kritik zu belassen, stellen wir im zweiten Teil mögliche Alternativen [...]