Discussion on theories of degrowth

Abstract

As the climate crisis escalates, traditional economic growth metrics are increasingly recognized as inadequate for measuring societal progress and sustainability. This paper argues for a degrowth approach to climate policy, which challenges the assumption that growth is synonymous with well-being. Unlike current policies focused primarily on emissions reduction, degrowth seeks to address the roots of environmental degradation by shifting societal values toward minimalism and circular economies. Through an emphasis on local economies, reduced consumption, and equitable resource use, degrowth offers a viable pathway to lower greenhouse gas emissions and mitigate the depletion of natural resources. This model of sustainable development supports social justice by addressing economic inequalities and protecting vulnerable communities from the adverse effects of globalization and resource exploitation. Moreover, degrowth proves politically feasible as it garners support through environmental-focused government spending and alternative economic structures. The analysis further contrasts degrowth with other climate policy approaches, demonstrating its unique potential to achieve sustainable and just outcomes in both environmental and societal dimensions. This paper thus positions degrowth as a compelling and comprehensive strategy to address the intertwined crises of climate, social equity, and economic sustainability.

Keywords

climate change, degrowth, economic growth, consumerism, Greenhouse gas emissions, environmental justice, Political feasibility, Biodiversity conservation, climate mitigation, circular economy, social justice, environmental policy, minimalism, local economies, capitalism critique, renewable resources, Minimalism, sustainability, resource depletion

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