With guest Richard Muscat of Radical, we uncover an exploration of the degrowth movement, its historical context, and its relevance in today's world.
Understanding Degrowth: Historical Context and Modern Relevance
Although the term "degrowth" is relatively new, the ideas behind it have been around since at least 1972, when researchers first published work on the limits to growth. This seminal work highlighted the unsustainable nature of continuous economic expansion and the finite resources of our planet.
In today's society, the relevance of degrowth is more pronounced than ever. The traditional metrics of success, such as Gross Domestic Product (GDP) and company growth rates, often lead to unsustainable practices. Richard emphasizes that degrowth is not about shrinking economies or reverting to a pre-industrial state; rather, it is about re-evaluating how we measure success and focusing on what truly adds value to society.
Also covered are:
The Problem with Unchecked Corporate Growth
The Principle of "The Polluter Pays"
Voluntary Measures vs. Systemic Change
Shifting Perceptions About Growth
The Role of Businesses in Degrowth
Rethinking Growth for a Sustainable Future