πŸ“– Read: Degrowth: A Call for Radical Abundance ( ) by an author

“Note: [Jason Hickel] expanded this post into a full article, published in Real World Economic Review in 2019.”

an author ( )

When orthodox economists first encounter the idea of degrowth, they often jump to the conclusion that the objective is to reduce GDP. And because they see GDP as equivalent to social wealth, this makes them very upset.

Nothing could be further from the truth.

There are many pieces to this argument, but I want to focus on one here in particular. One of the core claims of degrowth economics is that by restoring public services and expanding the commons, people will be able to access the goods that they need to live well without needing high levels of income.