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Marxist philosophers do not often write bestsellers, but as the New York Times wrote in a profile of today's guest, Kohei Saito's work has unexpectedly taken Japan by storm:

"When Kohei Saito decided to write about “degrowth communism,” his editor was understandably skeptical. Communism is unpopular in Japan. Economic growth is gospel. So a book arguing that Japan should view its current condition of population decline and economic stagnation not as a crisis, but as an opportunity for Marxist reinvention, sounded like a tough sell. But sell it has. Since its release in 2020, Mr. Saito’s book “Capital in the Anthropocene” has sold more than 500,000 copies, exceeding his wildest imaginings. Mr. Saito, a philosophy professor at the University of Tokyo, appears regularly in Japanese media to discuss his ideas. ... Mr. Saito has tapped into what he describes as a growing disillusionment in Japan with capitalism’s ability to solve the problems people see around them, whether caring for the country’s growing older population, stemming rising inequality or mitigating climate change."

Prof. Saito's book has caught on in Japan because it is a powerful statement of an important and challenging set of ideas. Saito points out the ecologically and socially destructive tendencies of capitalism, and argues for an alternative way of structuring the economy and society that could leave us (and the planet) better off. He calls these ideas "degrowth communism." Today he joins us to explain what he means, to respond to myths and challenges, and clear up misconceptions. Saito's book Slow Down: The Degrowth Manifesto is now available in English.

58: The Hidden Formula: Purpose-Driven Strategies for Explosive Business Growth ft. Henry Wong