“Shrinking consumption” is just code for a transfer of wealth & income from consumers to asset holders. Meanwhile technology could potentially provide the oppos

“Shrinking consumption” is just code for a transfer of wealth & income from consumers to asset holders. Meanwhile technology could potentially provide the opposite with the right approach. As others have mentioned, green energy as an example is more labor intensive and less capital intensive, and the end result is a lot more individuals and communities owning the means to generate and store the energy they need instead of having to pay a form of rent to energy corps forever. The powers that be might see climate change as a threat but they do not want that kind of economic shift. They want a larger % of lifelong renters and a larger share of wealth for themselves.