Degrowth: moving beyond the economic growth vs equality debate

by Darren Zhang 15 May 2013, on “What kind of world do you want?”

Reconciling social equality objectives with economic growth priorities is a false choice in modern politics. Economic growth’s relevance is increasingly challenged as it no longer improves social well-being for non-developing nations. On the other hand, economic growth is recognised as being functional for stability and public spending on redistributive policies aimed at furthering equality. This essay argues that given these conditions, and economic growth’s impact on the environment in which it is embedded, not only should economic growth be sacrificed, but for the sake of equality between current and future generations, economic degrowth is required in over-developed countries.

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