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Odd Lots

Why the Degrowth Movement Is Having a Moment

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.
34:18

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Quick takeaways

  • The degrowth movement challenges the obsession with perpetual economic growth and advocates for a planned reduction in energy and resource use to bring the economy back into balance with the natural world, thereby addressing concerns about environmental sustainability and reducing inequality.
  • The degrowth movement has gained traction as people increasingly question the social and environmental costs of excessive growth, reflecting a significant shift in public consciousness towards reevaluating the pursuit of unlimited growth.

Deep dives

The Rise of the Degrowth Movement

The podcast episode explores the concept of degrowth as a response to the pursuit of perpetual economic growth. The degrowth movement challenges the idea that continuous growth is essential for a successful society and argues for a planned reduction in energy and resource use. By bringing the economy back into balance with the natural world, degrowth aims to reduce inequality and improve human well-being. Although the movement faces challenges in addressing global interconnectivity and individual behavior, it resonates with many people's concerns about environmental sustainability, capitalist exploitation, and the negative impacts of consumerism.

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