When orthodox economists first encounter the idea of degrowth, they often jump to the conclusion that the objective is to reduce GDP. And because they see GDP as equivalent to social wealth, this makes them very upset.Nothing could be further from the truth.I reject the fetishization of GDP as an objective in the existing economy, so it would make little sense for me to focus on GDP as the objective of a degrowth economy. Wanting to cut GDP is as senseless as wanting to grow it.The … [Read more...]
Jason Hickel is an anthropologist at the London School of Economics. He specializes in globalization, finance, democracy, violence, and ritual, and is the author of "Democracy as Death: The Moral Order of Anti-Liberal Politics in South Africa".