This distinction between the reductions in economic activity that happen during recessions and those that would occur in degrowth economies is important. But to gain popular support for degrowth, still more elaboration is going to be required. Those of us who’ve grown up in industrial societies have been taught our whole lives that GDP growth is essential to everyone’s well-being and quality of life. This quasi-religious belief in the goodness of growth persists despite numerous studies published over the past three decades demonstrating that once people’s essential needs have been met, further GDP growth does not increase life satisfaction. »
L'Européiste
Just as Americans decided to emancipate from Europeans powers – Britain, Spain and Portugal – with the Monroe Doctrine (1823) and its motto "America to the Americans", it is time for Continental Europe to free itself from its 70 years dependance on the Anglosphere
Degrowth, not the same as recession
This distinction between the reductions in economic activity that happen during recessions and those that would occur in degrowth economies is important. But to gain popular support for degrowth, still more elaboration is going to be required. Those of us who’ve grown up in industrial societies have been taught our whole lives that GDP growth is essential to everyone’s well-being and quality of life. This quasi-religious belief in the goodness of growth persists despite numerous studies published over the past three decades demonstrating that once people’s essential needs have been met, further GDP growth does not increase life satisfaction. »
Kissinger not so bad after all?
27/05/2023
Jacques Huynen
https://asiatimes.com/2023/05/us-china-competitive-peace-or-road-to-war/embed/#?secret=u4PFBZ37ZK#?secret=lh3vvIi9P1
L'Européiste 