Yves Smith, Naked Capitalism -To sustain the natural basis of our life, we must slow down. We have to reduce the amount of extraction, pollution, and waste throughout our economy. This implies less production, less consumption, and probably also less work.
The responsibility to do so must lie mainly on the rich, who currently enjoy a disproportionate share of our resources. But we should also do things differently, as much of today’s economic activity is of little benefit to human wellbeing. Imagine what could be if we organized democratically to produce what we actually need, distributed those resources fairly, and shared them in common. This, in a nutshell, is the vision of degrowth: a good life for all within planetary boundaries. And while this might seem utopian, there are already concrete policy ideas to start such a transformation.
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