Is degrowth possible under capitalism?
Is degrowth possible under capitalism?
Let's put some life into this sub. I don't think degrowth is possible under capitalism because the imperative to degrow contradicts the capitalist drive for the creation of value (valorization) which must always grow under capitalism'
You're viewing part of a thread.
You are describing market economy, not capitalism.
Fair enough. Degrowth from capitalism to market economy is more of an obtainable goal
Maybe if everyone had access to roughly the same wealth, market economy could be a good method of balancing economy ?
Yes but it's tough to imagine a path to that.
True. But there has been experiments, especially around melting currencies (is that the correct English name ?).
A recent example (in French, but I guess automatic translators are good enough now ?) : https://monnaie-libre.fr/
Thank you for that, I wasn't aware that was a thing! I'll bookmark that to read later as it seems a bit long! I didn't even know melting currencies were a thing
Such is the power of economic orthodoxy - to trick you into thinking there is no alternative, that economic laws are laws of nature when they are "only" social constructions ...