degrowth

1) The theory and/or practice of rejecting the economic growth paradigm, largely for ecological reasons. See also "steady-state economy".

2) The theory and/or practice of a planned and managed contraction (shrinking or rightsizing) of the economy down to a more sustainable size, also largely for ecological reasons.

3) A euphemism for ecological austerity of some sort.

4) Any combination of 1, 2, or 3 above.

We are well past the point of sustainability, and can no longer rely on "green growth" to save the planet. We need degrowth to rightsize the human enterprise to sustainability.

by Ajax the Great May 25, 2024