3 ms·
If degrowth happens, it’s going to happen through the usual means: prices will rise to the point where most folks are spending their entire income just meeting
by falcolas 3y ago
If degrowth happens, it’s going to happen through the usual means: prices will rise to the point where most folks are spending their entire income just meeting their basic needs.
Ironically it’s already happening, just to serve corporate ends, not long term survival.
- candiodari 3y ago2 remarks: 1) malthusianism 2) the global average income is ~$10000 per year (median is $3000). Pre-tax. Stopping growth effectively means switching people to this wage. I understand pretty well why "not today" is the answer ...