{"id":59535,"date":"2021-09-27T06:30:13","date_gmt":"2021-09-27T11:30:13","guid":{"rendered":"https:\/\/olduvai.ca\/?p=59535"},"modified":"2021-09-27T06:30:13","modified_gmt":"2021-09-27T11:30:13","slug":"the-value-of-a-degrowth-economy-our-planet-would-be-richer-for-it","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=59535","title":{"rendered":"The value of a degrowth economy: Our planet would be richer for it"},"content":{"rendered":"

The value of a degrowth economy: Our planet would be richer for it<\/a><\/h3>\n
(Cartoon by Mark David | @MDavidCartoons)<\/span><\/figcaption><\/figure>\n
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Decades of economic expansion have come at the expense of developing nations and a tremendous cost to the planet. Degrowth is a\u00a0healthier future option, writes\u00a0Erin Remblance<\/a><\/strong>.<\/em><\/p>\n

THE THOUGHT of a\u00a0degrowth economy<\/a>\u00a0can be scary. We\u2019ve all grown up in a society where growth is good\u00a0and not growing \u2013 recession \u2013\u00a0is bad.<\/p>\n

Recession means unemployment, financial hardship and\u00a0increasing poverty. Why would anyone choose that? But\u00a0degrowth<\/a>\u00a0doesn’t mean\u00a0recession. Degrowth is a conscious set of policies designed to optimise human and planetary well-being while minimising inequality, poverty and environmental harm. It is recognition that \u201cmore\u201d doesn\u2019t mean better and that, despite decades of economic growth, on average we aren\u2019t\u00a0happier<\/a>.<\/p>\n

Degrowth acknowledges that economic growth in predominately western nations has come at the expense of developing nations and at a tremendous cost to the planet and its ability to\u00a0sustain life<\/a>\u00a0\u2014\u00a0and now we are on the brink of an unimaginable catastrophe.<\/p>\n

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\"Degrowth<\/a><\/div>\n
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Degrowth economy: The climate solution no one is talking about<\/a><\/h5>\n

The time is upon us to consider economic degrowth and stop exploiting our planet’s finite resources for personal gain.<\/a><\/p>\n<\/div>\n<\/div>\n

So, what could a world not obsessed with gross domestic product (GDP<\/a>) growth look like? In his book,\u00a0Less Is More: How Degrowth Will Save The World<\/a><\/em>,\u00a0Jason Hickel<\/a>\u00a0advocates for many policies, including:<\/p>\n