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Resource centre on India's rural distress
 
 

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

-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.