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Giorgos Kallis’ Degrowth | A review by Sarah Hafner

Giorgos Kallis’ Degrowth | A review by Sarah Hafner

Rethinking our economic paradigms is an urgent and fundamentally important task. Giorgos Kallis’ new book Degrowth is adding to a joint endeavour of postgrowth thinking, CUSP PhD candidate Sarah Hafner finds. It offers both, a justification as well as a vision and new imaginary for the degrowth agenda.

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Rethinking the prevailing economic ‘growth’-paradigm in economics is an urgent and fundamentally important task. Equally important is it to think about ‘socially and environmental sustainable’ alternatives and the transition towards these alternative/s (see Jackson, 2017; Martínez-Alier et al., 2012).

Giorgos Kallis, Research Professor at the University Autònoma de Barcelona (UAB) and well-known for his contributions in the degrowth literature, opts exactly for this endeavour in his new comprehensive summary and thought-provoking book Degrowth. This blog provides a short review.

Economic approach / Economic system

The author himself situates his work at the interface of two approaches: the economic and the political or utopian one. This is also how this book review is structured.

The reader of the book learns quickly that in Kallis’ perspective degrowth “is not an economic theory, much less of an economic contradiction” and so, he clarifies from the beginning that his book doesn’t engage with tackling traditional growth and economic theories (see e.g. Lange, 2018 for an overview on the latter; as well as e.g. Jackson, 2017 and Jackson and Victor, 2018 for economic modelling work on this topic), and is focusing instead on the interrelations of the economic system with the political and societal/social system.

Degrowth, as developed in the book, stands in clear contrast to the prevailing capitalist system (see also Foster, 2011 or Jackson, 2017); well-being as a function (up to some level) of income and relative income (i.e. related to status and positional consumption; e.g. Kahnemann and Daeton, 2010; Easterlin, 1975), Kallis argues, is not a universal fact, but heavily related to the emphasized values in the current (capitalist) system.

…click on the above link to read the rest of the article…

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