What Is Economic Degrowth?

“Our economic system is premised on the notion of endless growth. Its unintentional manifestations include global warming, dwindling resources, proliferating pollution, the accelerating extinction of species, water and food shortages, all set against the backdrop of a burgeoning global population.”

(From “What is economic degrowth?” by Glenn Ashton)

Like what the article says, degrowth is not a new model to replace the current ailing and unsustainable economic model but rather “more a tool for opening up a discussion on the failures of and alternatives to the status quo.” More than just a philosophical idea, it is a practical mindset that helps people to rethink about what is truly sustainable and how to provide goods and services that will benefit people and the environment instead of exploiting them at their expense. It is about realising each of us is in this together and has a part to play to overcome the illusion of status and work towards a better future through reclaiming our human rights and restoring the environment we live in.