Degrowth Demands Caution

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Degrowth presents significant challenges due to the existing financial overhang, which constitutes a claim on real resources in the future, raising concerns about economic stability. Transitioning away from the current intricate global economy, reliant on just-in-time supply chains, proves difficult and potentially hazardous, much like reversing a vehicle into obstacles. Moreover, if degrowth were to be intentionally adopted, the ensuing scarcity could provoke conflict and violence, further complicating the shift toward a sustainable economy.

(Recorded July 8 2024)

There are many so-called ‘solutions’ out there that, upon first glance, seem like great ideas - yet when we look beyond the narrow scope of the immediate benefits, we discover a slew of unintended (and often counterproductive) consequences.

Today’s Frankly offers a series of examples of modern issues using a “wide-boundary” lens - and in the process demonstrates the importance of asking “...and then what?” when thinking about our responses to future events and constraints.

How would incorporating wider boundary lenses into our lives change our plans and expectations for the future? What are we missing when we go all-in on plans to expand renewables, electric vehicles, and AI? Could a growing number of ecologically literate people guide us towards more pro-social policies, institutions, and infrastructure?

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