Degrowth is a term used for both a political, economic, and social movement as well as a set of theories that critiques the paradigm of economic growth.
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11 Facts About Degrowth
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Degrowth is based on ideas from a diverse range of lines of thought such as political ecology, ecological economics, feminist political ecology, and environmental justice, pointing out the social and ecological harm caused by the pursuit of infinite growth and Western "development" imperatives.
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Degrowth emphasizes the need to reduce global consumption and production and advocates a socially just and ecologically sustainable society with social and environmental well-being replacing GDP as the indicator of prosperity.
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Degrowth thought is in opposition to all forms of productivism.
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Degrowth therefore sees sustainable development as an oxymoron, as any development based on growth in a finite and environmentally stressed world is seen as inherently unsustainable.
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Degrowth suggests a deontological shift so that lifestyles that involve a high level of resource consumption are no longer seen as attractive.
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Degrowth literature warns about these technological advances due to the "rebound effect", known as Jevons paradox.
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Degrowth criticizes these mechanisms of appropriation and enclosure of one territory over another and proposes a provision of human needs through disaccumulation, de-enclosure, and decommodification.
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Degrowth movement recognises Romanian American mathematician, statistician and economist Nicholas Georgescu-Roegen as the main intellectual figure inspiring the movement.
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The First International Conference on Economic Degrowth for Ecological Sustainability and Social Equity in Paris was a discussion about the financial, social, cultural, demographic, and environmental crisis caused by the deficiencies of capitalism and an explanation of the main principles of degrowth.
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Degrowth movement has a variety of relations to other social movements and alternative economic visions, which range from collaboration to partial overlap.
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