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Re: "Any opinions and ideas about the book "The Case for..."
Haven't read the book, but any voluntary slow contraction is not likely or possible in the current fiat debt money regime. There needs to be more money created to pay back the debt and the interest, and governments borrow more and more, requiring a never ending expansion/inflation balance. It can only end badly.
Nov 29 · 3 weeks ago
👻 shikitohno · Nov 30 at 07:21:
I see it more as a situation where we can be proactive and manage the process to minimize the fallout, or wait for things to really go pear shaped and be stuck arriving at a worse version of the same thing while we pick up the pieces.
Of course, given how things have gone in the last century or so, I can much more easily imagine the latter situation coming to pass, as humans seem intent on proving we generally cannot address issues proactively when the possibility exists to kick the issue down the line and baselessly hope for the best.
Governments have to borrow money and accelate growth at whatever cost or else they risk getting overthrown or just not getting reelected in case of democracies. Just look at what happens to various green parties accross the globe the moment they push enacting policies that might hurt the current status quo or lower the GDP growth - people get furious and vote for the far-right. Nobody in power is going to do shit unless the issues of climate change and the destruction of the environment threaten their business as usual and the people feel the consequences. We are so doomed.
Any opinions and ideas about the book "The Case for Degrowth" from Giorgos Kallis, Susan Paulson, Giacomo D'Alisa and Federico Demaria about degrowth here? I'm looking for more books about degrowth, preferably in a compact format. So that I can recommend them to interested friends. There's also a comic about degrowth out there. Thanks in advance