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Sol Hando's avatar

An environmental science teacher I had in university called it "regrowth" and was extremely angry at the coopting of environmentalism by literal primitivist de-growthers. I held a lot of respect for him because of that, as he was focused on reducing the price/improving the efficiency of renewable energy production, rather than "just ban oil" or something terrible like that. He essentially framed it as a pursuit of higher quality and efficiency over quality.

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Garth's avatar

There's a lot of thought and effort that went into this more moderate approach. Unfortunately, I think it misses a key point about capitalism. Companies need to have growth year after year to retain investors, keep up with inflation, and line the pockets of its employees and owners. But at some point, Facebook is done. The website is completed, algorithm finely adjusted, and everyone has adopted it. The fact is, healthy businesses achieve their goal and just need to coast. They don't need to grow, they need to divest, reduce staff, and downscale. But you can't do that in capitalism, so the only other way is to vertically and horizontally integrate...which leads to monopoly. Monopoly, the end product of thorough capitalist competition.

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