Degrowth
Economic growth is a central aspect of capitalism, but it has drastic consequences for the environment. In contrast, the idea of degrowth envisages a world with far less use of energy and resources. In this talk we will ask whether degrowth is possible within capitalism, and what its implications are for a Socialist world based on production for use.
From the February 2022 Socialist Standard: ‘socialists propose a steady-state, zero-growth model of the economy for the future society and envisage an anti-consumerism trend to prevail with an expected drop in consumption levels following an initial phase of higher production to raise the impoverished to a decent standard of living’
Speaker: Paul Bennett