Let’s put some life into this sub. I don’t think degrowth is possible under capitalism because the imperative to degrow contradicts the capitalist drive for the creation of value (valorization) which must always grow under capitalism’
Let’s put some life into this sub. I don’t think degrowth is possible under capitalism because the imperative to degrow contradicts the capitalist drive for the creation of value (valorization) which must always grow under capitalism’
I don’t thinks it’s impossible. There is some evidence suggesting that happiness and prosperity stops at a certain level of growth, and a continuation of growth yields diminishing returns.
GDP based economy is both a really strange way of measuring value and even it’s inventor spoke out against using it as a measurement.
There are some nations that are trying alternative models of measurement, such as the BLI model.