"is not about reducing GDP. It is about reducing the material and energy consumption throughout the economy to bring it back into balance with the living world, while distributing income and resources more fairly, liberating people from needless work, and investing in the publics goods that people need to thrive. It is the first step toward a more ecological civilisation. Of course, doing this may mean that GDP grows more slowly, or stops growing, or even declines. And if so, that's okay, because GDP isn't what matters. Under normal circumstances, this might cause a recession. But a recession is what happens when a growth-dependent economy stops growing. It's a disaster. Degrowth is completely different. It is about shifting to a different kind of economy altogether – an economy that doesn't need growth in the first place. An economy that's organised around human flourishing and ecological stability, rather than around the constant accumulation of capital."
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Academics from the United KingdomEconomists from the United KingdomAnthropologists from the United KingdomLabour Party (UK) peoplePolitical authors from the United Kingdom
Original Language: English
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Pathways to a Post-Capitalist World, pp. 206-207
https://en.wikiquote.org/wiki/Jason_Hickel
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Jason Hickel
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