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Care Blair's avatar

Thanks for this, Pieter. You pointed to a real challenge - voluntary elite degrowth is structurally near-impossible without changing the payoff structure itself. That change would require political power that elites are strongly incentivized to prevent others from accumulating. It's a recursive trap.

And even though personal degrowth tactics free up resources that will just get absorbed elsewhere under the current model, possibly through continued elite consumption where the floor is set by positional competition, I still advocate for it. The entire architecture of modern consumer capitalism banks on debt, low savings rates, overall financial precarity. Consuming less allows regular people to build reserves, resist manipulation and avoid debt. That is people power, the power of sufficiency!

Richard Bergson's avatar

This is indeed a beneficial angle to degrowth I hadn’t thought of.

I also like the caution over the different ways degrowth can manifest - solutions are rarely singular or simple. I would add the need for slowing down and building in redundancy to the anti-colonial approach as just two of the pool of antidotes to the peril of global trade and a runaway capitalist economy you could mention.

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