inasabaThe Radical Plan to Save the Planet by Working Less: The degrowth movement wants to shrink the economy to address climate change, and create lives with less stuff, less work, and better well-being.
And the extra poverty and misery this will cause?
Rich people missing out on more profits is not the same thing as poverty.
But the people controlling the company would rather cut the people at the bottom than their own salaries. If a company shrinks, it’s usually the people at the bottom who feel it the most.
If there was less profit in general from reduced consumption then billionaires would suffer anyway. Degrowth doesn’t exist in a vacuum and it’s part of a broader movement to combat climate change and increase equity. This is very much a left wing concept that has plenty of criticisms about, and solutions to the problems you’re raising
But the people controlling the company would rather cut the people at the bottom than their own salaries.
Then the people at the bottom could get to cutting some heads.