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How Degrowth Will Save the World with Jason Hickel

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Jul 19, 2022
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INSIGHT

Capitalism's Growth Imperative

  • Capitalism's core is the growth imperative, demanding exponential expansion.
  • This imperative makes capitalism inherently unstable, like a plane needing constant acceleration.
INSIGHT

Growthism vs. Needs

  • Capitalism, unlike earlier systems, depends on perpetual growth, maximizing profit, not needs.
  • "Growthism" is an ideology masking this, making us accept endless expansion without question.
ANECDOTE

Facebook's Growth Dependency

  • A company like Facebook must continually increase profits to satisfy investors.
  • Zero growth leads to devaluation and collapse, highlighting capitalism's dependence on expansion.
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