Category: Degrowth

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Degrowth and Free Trade

tl;dr: The protection of domestic social production in free trade agreements works with Degrowth and ensures peace through trade

Since David Ricardo, mainstream economics favors free trade over economic isolationism when it comes to increasing the »wealth of nations«. Although Paul Samuelson’s notable criticism on some aspects of free trade all but left a minor dent in this believe. The potential downsides of free trade, so the consensus goes, can be managed by (i) allowing for innovation and structural change, (ii) by increasing employability and enabling lifelong learning, as well as (iii) by redistributing globalization gains more equally within a country through taxation.… Read more

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Postgrowth and Degrowth

tl;dr: Degrowth is just one postgrowth approach, not the postgrowth approach.

Since Serge Latouche in 2004 threw in »décroissance« as a missile word into the sustainability debates, growth criticism regained its 1970s strength while connecting strongly to issues of social justice and equality, emancipation and democratic renewal, as well as a critique of capitalism. Degrowth, the English translation of the term, has then occupied the center stage in this newly emerging discourse. In Germany, the term »Postwachstumsökonomie« (postgrowth economy) has been introduced by Niko Paech in 2006.… Read more

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Re-taking Sustainable Development for Degrowth

In the discourse on degrowth – the deliberate and planned downscaling of production and consumption that increases human well-being and enhances ecological conditions and equity on the planet – the notion of »sustainable development« has sort of a bad rap. In fact, sustainable degrowth is intended to replace sustainable development as the central concept under which ecological and social minded activists and researchers might rally. Serge Latouche, the one who first fired the »missile word« of décroissance into the pubic realm, once held a talk titled »Down with sustainable development!… Read more

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What’s NEXT? Wirtschaften jenseits des Wachstums

Unsere heutige Art des Wirtschaftens basiert auf der Unterstellung fundamentaler Knappheiten: Zeit, Geld, Aufmerksamkeit – das alles ist knapp und Unternehmen versuchen, mit diesen Knappheiten umzugehen, indem neue Produkte entwickelt, neue Märkte erobert und neue Kunden gewonnen werden. Diese NOW ECONOMY ist eine Wirtschaft der Expansion, der permanenten Flucht aus der Knappheit, die aber nie richtig zurückgelassen werden kann – sonst hörte ja auch die Flucht auf. Das Ergebnis ist ein historisch bis vor kurzem nicht gekanntes Wirtschaftswachstum gepaart mit einem ebenso historisch einmaligen Energieverbrauch und CO2- Ausstoß.

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Austerity and Degrowth

I have to start with Greece. For many vocal advocates of a more leftwing economic policy, most notably (and notoriously) Paul Krugman), the prolonged debt crisis in the Mediterranean country has its roots in austerity politics imposed by the ‘Troika’ of the ECB, IMF, and the Eurozone Group. Without another haircut, i.e. write-off of Greek debts, and a stimulus program, Greece will not manage to recover. And recovery, of course, means GDP growth. I could argue about the deeper meaning of austerity politics in the case of Greece (or Portugal, or Spain, or Ireland for that matter) – to actually build a coherent fiscal framework for the Eurozone with shared understandings of political economy, something that has not been there in the first place and what is desperately needed in a common currency area.… Read more