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LATEST NEWS UPDATES | 1,000+ Experts From Around the World Call for 'Degrowth' After COVID-19 Pandemic

1,000+ Experts From Around the World Call for 'Degrowth' After COVID-19 Pandemic

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published Published on May 13, 2020   modified Modified on May 15, 2020

-TheWire.in

This, they say, will require an overhaul of the capitalist system.

A group of over 1,000 experts and organisations have written an open letter questioning the world’s strategy, and suggesting a transformative change as we move beyond the COVID-19 pandemic that has gripped us all.

For a more just and equitable society, they argue, “degrowth” is the way to go. This, they say, will require an overhaul of the capitalist system – “a planned yet adaptive, sustainable, and equitable downscaling of the economy, leading to a future where we can live better together with less”. They have put forth five principles which they believe will help create a more just future.

Blind faith in the market system and pursuits like “green growth” will not make matters any better, they agree.

Please click here to read more.


TheWire.in, 13 May, 2020, https://thewire.in/economy/degrowth-covid-19-pandemic


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