A Future of Economic Degrowth

Sustainable development was our answer to combat continuous environmental decline in the face of economic growth. But it may seem that even our efforts toward sustainable development are not enough to mitigate the destructive impacts of human activity on the environment.

Given the situation, environmental scientist Giorgos Kallis suggested that perhaps the best way to preserve the environment would be to enter a state he calls "degrowth".

It’s an idea that has been around for several decades, particularly among radical environmental activists, but only recently have researchers drawn together to study degrowth in a systematic way.

(Image credit: Vlad Busuioc/Unsplash)

Man, this is a hard problem. People in the first worlds have the luxury of talking about steady state - but people in developing countries are still trying to achieve standard of living that people in developed countries already enjoyed for decades.

For those in third world countries, any talk of slowing down their rate of economic growth is a non-starter.
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