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is not about reducing GDP. It is about reducing the material and energy consumption throughout the economy to bring it back into balance with the liv… - Jason Hickel
" "is not about reducing GDP. It is about reducing the material and energy consumption throughout the economy to bring it back into balance with the living world, while distributing income and resources more fairly, liberating people from needless work, and investing in the publics goods that people need to thrive. It is the first step toward a more ecological civilisation. Of course, doing this may mean that GDP grows more slowly, or stops growing, or even declines. And if so, that's okay, because GDP isn't what matters. Under normal circumstances, this might cause a recession. But a recession is what happens when a growth-dependent economy stops growing. It's a disaster. Degrowth is completely different. It is about shifting to a different kind of economy altogether – an economy that doesn't need growth in the first place. An economy that's organised around human flourishing and ecological stability, rather than around the constant accumulation of capital.
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About Jason Hickel
(born in 1982) is an eswati anthropologist, author, and professor at the Institute for Environmental Science and Technology at the Autonomous University of Barcelona. Hickel's research and writing focuses on economic anthropology and development, and is particularly critical of capitalism, neocolonialism, as well as economic growth as a model of human development.
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Jason Edward Hickel
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A few years ago, virtually no one was talking about this . . . everyone just assumed that the web of life would always be intact. Now the situation is so severe that the United Nations has set up a special task force to monitor it: the (IPBES). In 2019, it published its first – a groundbreaking assessment of the planet's living species, drawing on 15,000 studies from around the world and representing the consensus of hundreds of scientists. It found an accelerating rate of global , unprecedented in human history.
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Capitalism relies on maintaining an artificial scarcity of essential goods and services (like housing, healthcare, transport, etc), through processes of enclosure and commodification. We know that enclosure enables monopolists to raise prices and maximize their profits (consider the rental market, the US healthcare system, or the British rail system). But it also has another effect. When essential goods are privatized and expensive, people need more income than they would otherwise require to access them. To get it they are compelled to increase their labour in capitalist markets, working to produce new things that may not be needed (with increased energy use, resource use, and ecological pressure) simply to access things that clearly are needed, and which are quite often already there.
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