We have been talking for a few weeks already about Degrowth as a transition, and we also realize that it could imply to resort to some form of UBI (at zero % interest rates and no new debts issuance of course) to keep the economy into deflating mode until all the debts are resorbed.
Degrowth as a permament model would be easily turned into another “centralization experiment” that would leave the people at the mercy of “a financial body” deciding for them how much they can spend. Degrowth is only ideal to enact a debt jubilee until the all leverage is purged, and then from there shifting toward a Resource Based Economy.
The economy must degrow and we must choose to do it voluntarily.
In 2020 we are going to invstigate what pro-degrowth economists recommend to handle the slow down of the economy. We assume that the Degrowth Movement has its own pro-monopoly economists inside the gates already but we should be able to recognize them quite quickly.
In the meantime we wanted to take a few minutes to share the results of a Havas study conducted 5 years or so ago and concluding that 70% of people sense that there is something wrong with our consumption ideology. Overconsumption has alienated people so much that those surveyed acknowledge that they even spend to be patriotic – to support the economy of their country. How crazy is it?
Of course the battle is still far from being won but the 25% critical mass needed to take matter in our own hands really is within reach now. It is no longer a daydream. People regard money very differently today and there are potentially “millions of people” who’d welcome to a debate about a Resource Based Economy.
We just thought that sharing these new details would widen the scoop of our understanding about society. Indeed we are at the end of a paradigm and the beginning of a new one!
Forget ‘developing’ poor countries, it’s time to ‘de-develop’ rich countries (2015)
The idea of “de-developing” rich countries might prove to be a strong rallying cry in the global south, but it will be tricky to sell to westerners. Tricky, but not impossible. According to recent consumer research, 70% of people in middle- and high-income countries believe overconsumption is putting our planet and society at risk. A similar majority also believe we should strive to buy and own less, and that doing so would not compromise our happiness. People sense there is something wrong with the dominant model of economic progress and they are hungry for an alternative narrative.
Robert and Edward Skidelsky take us down this road in his book How Much is Enough? where they lay out the possibility of interventions such as banning advertising, a shorter working week and a basic income, all of which would improve our lives while reducing consumption.
This is not about giving anything up. And it’s certainly not about living a life of voluntary misery or imposing harsh limits on human potential. On the contrary, it’s about reaching a higher level of understanding and consciousness about what we’re doing here and why.