When talking about degrowth –the planned transition to a contraction-based, socially just, and ecologically sustainable society– or a postgrowth economy –an economy that is in a dynamic steady state and sustainable in the long-term– issues of macroeconomic policy are becoming shaky and unclear from the classical economics perspective which is still focused on perpetual economic growth. In the wider degrowth/postgrowth movement you have to credit Tim Jackson and Peter A. Victor for probably the most insightful work until now into this subject.… Read more
Groundhog day in Greece: On the missed opportunity for setting degrowth on the political agenda
The electoral victory of SYRIZA in Greece has fueled imaginations on the European left for a departure of ‘no alternative’ austerity politics. As much as a return of more imaginative politics is desperately needed in order to revitalize European democracy and save it from too much technocratic post-politics, it is rather doubtful if there really is a true alternative from a postgrowth or degrowth perspective. When looking more closely at SYRIZA’s Thessaloniki program many elements can be found that have the name of John Maynard Keynes written all over them: cutting taxes on fuel and property, raising the tax threshold, reintroducing a 13th month pension for low income pensioners, a 3bn EUR employment program sought to create up to 300,000 new jobs, and an increase in the country’s minimum wage.… Read more