5min chapter

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How Degrowth Will Save the World with Jason Hickel

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CHAPTER

Austerity Is a Tool of Growth

Whenever growth starts to slow down, politicians try to jump start it by cutting spending on social services and public sector wages. But the idea is that if you cut people's access to public goods, you put them in a situation where they're forced to earn more just to survive. So doing that delinks human well being from perpetual growth. And we have to fight against that tendency with the exact opposite policies - expand public services and distribute income more fairly.

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