The term "degrowth" has emerged within ecological and other
heterodox schools of economics as a critique of the idea (and
ideology) of economic growth. Degrowth argues that economic growth
is no longer desirable - its costs exceed its benefits - and
advocates a transformation of economies so that they produce and
consume less, differently and better. Giorgos Kallis provides a
clear and succinct guide to the central ideas of degrowth theory
and explores what it would take for an economy to transition to a
position that enables it to prosper without growth. The book
examines how mainstream conceptualizations of the economy are
challenged by degrowth theory and how degrowth draws on a
multifaceted network of ideas across disciplines to shed new light
on the economic process. The central claims of the degrowth
literature are discussed alongside some key criticisms of them.
Whether one agrees or disagrees with degrowth's critique of
economic growth, Kallis shows how it raises fundamental questions
about the workings of capitalism that we can no longer afford to
ignore.
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