Mongabay Newscast The many social and ecological benefits of a 'degrowth' world
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Jan 30, 2024 Timothée Parrique, an economist from Lund University and an expert in degrowth economics, dives into the concept of degrowth—challenging the idea of endless growth in a finite world. He discusses how scaling back consumption in wealthier nations can improve global equity and environmental health. Parrique argues that by prioritizing well-being over GDP, communities can thrive ecologically and socially. He envisions a future where sustainability and happiness coexist, transforming urban planning and redefining prosperity beyond traditional economic metrics.
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Degrowth Defined
- Degrowth aims to reduce consumption and production in wealthy nations to ease ecological strain.
- This allows developing nations to improve living standards sustainably.
Decoupling Delusion
- Claims of decoupling economic growth from environmental impact are misleading.
- True sustainability requires decoupling from all pressures, not just carbon emissions.
Growth's Broken Promise
- Economic growth isn't improving quality of life, with well-being declining in developed nations like the US.
- Growth primarily benefits a minority, revealing a flaw in current economic systems.
