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Is degrowth possible under capitalism?
(slrpnk.net)
Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.
Its possible, theoretically. We've seen deflation before historically, but it makes businesses lose their minds.
How dare the value of a dollar go up!
Recession is not degrowth. Austerity is not degrowth.
What is degrowth then?
Degrowth is the intentional slowdown of the economy towards very specific ends: less work, less consumption, more welfare, etc. It is not the same as the end of growth, nor austerity nor recession.