The Green New Deal is the boldest and most likely the most effective way to combat the climate emergency. According to its advocates, the Green New Deal will save the planet while boosting economic growth and generating in the process millions of new and well-paying jobs. However, a growing number of ecological economists contend that rescuing the environment necessitates “degrowth.”
World-renowned progressive economist Robert Pollin, distinguished professor of economics and co-director of the Political Economy Research Institute at the University of Massachusetts-Amherst, is one of the leading proponents of a global Green New Deal. In this interview, he addresses the degrowth vs. Green New Deal debate, looking at how economies can grow while still advancing a viable climate stabilization project as long as the growth process is absolutely decoupled from fossil fuel consumption.