Odd Lots Why the Degrowth Movement Is Having a Moment
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Sep 27, 2023 
Noel King, co-host of Vox's Today Explained podcast, dives into the intriguing degrowth movement, which challenges traditional economic growth metrics. She discusses why this alternative approach is gaining traction amidst rising discontent with capitalism. The conversation explores how prioritizing well-being and sustainability can redefine economic systems, critiques the obsession with GDP, and connects this movement to societal concerns about inequality. King also reflects on the tension between personal finance and the principles of degrowth, highlighting a shift in values toward community and fulfillment.
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Growth Focus of Economics
- Economic growth is typically the central focus of economics and policy.
- However, alternative measures of economic well-being, like happiness or sustainability, are being considered.
Degrowth Definition
- Degrowth aims to reduce energy and resource use to balance the economy with the environment.
- It prioritizes reducing inequality and improving human well-being over economic growth.
Limits to Growth
- In 1972, the Club of Rome's book "The Limits to Growth" predicted environmental catastrophe from continuous economic growth.
- The New York Times dismissed the book's predictions at the time, but some of its warnings resonate with current environmental concerns.
