Degrowth

https://www.exponentialview.co/ev-333p/


That, ultimately, for degrowth to work, 86% of people living in the richer world would need to see their standard of living decline for a decade or more. This would be politically unacceptable or as Milanovic says “now, the relevance of moral preaching of abstinence is close to zero.” It is a thought-provoking essay. (See also: An exemplary overview of the degrowth movement, read John Cassidy in The New Yorker.)