Increasingly there are calls for degrowth, not just to abandon the pursuit of economic growth, but to shrink economies. The call for degrowth comes from environmentalists, including activists in groups such as Extinction Rebellion, and some economists, particularly in the field of ecological economics. It is related to concerns about climate change, pollution, species extinction, and resource exhaustion. Economic growth is to blame, proponents say, and the proposed solution is degrowth, an aggressive contraction of economic activity that requires an acceptance of significantly lower living standards.
Listen as Gene Tunny and Karla Pincott discuss six things you need to know about degrowth.