The Rhodes Center Podcast with Mark Blyth cover image

The new politics of growth and stagnation (part 1)

The Rhodes Center Podcast with Mark Blyth

CHAPTER

The Politics of Growth Models

Growth is super important for a capitalistic economy. Without growth, it becomes much more difficult to legitimize and stabilize a system that inherently tends to generate inequality. We see with right-wing populism as one example of things going wrong when consent isn't there. And if de-growth becomes an imperative from a sustainability point of view, then the de-growth model is going to have to generate consent by some other set of means which probably involve redistribution - or certain types of capitalism at least.

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