The degrowth movement wants to intentionally shrink the economy to address climate change, and create lives with less stuff, less work, and better well-being. But is it a utopian fantasy?
But the people controlling the company would rather cut the people at the bottom than their own salaries. If a company shrinks, it’s usually the people at the bottom who feel it the most.
If there was less profit in general from reduced consumption then billionaires would suffer anyway. Degrowth doesn’t exist in a vacuum and it’s part of a broader movement to combat climate change and increase equity. This is very much a left wing concept that has plenty of criticisms about, and solutions to the problems you’re raising
deleted by creator
Rich people missing out on more profits is not the same thing as poverty.
But the people controlling the company would rather cut the people at the bottom than their own salaries. If a company shrinks, it’s usually the people at the bottom who feel it the most.
If there was less profit in general from reduced consumption then billionaires would suffer anyway. Degrowth doesn’t exist in a vacuum and it’s part of a broader movement to combat climate change and increase equity. This is very much a left wing concept that has plenty of criticisms about, and solutions to the problems you’re raising