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What Does DEGROWTH Mean?DEGROWTH means the Prioritization of Social and Ecological Well-Being instead of Corporate Profits, Over-Production, and Excess Consumption.
DEGROWTH is a set of theories that point out the social and ecological harm caused by the pursuit of economic growth at all costs. DEGROWTH emphasizes the need to reduce global consumption and production and advocates a socially just and ecologically sustainable society with social and environmental well-being replacing Gross Domestic Product (GDP) as the primary indicator of prosperity.
According to degrowth.info, the DEGROWTH movement advocates for societies that prioritize social and ecological well-being instead of corporate profits, over-production and excess consumption. This requires radical redistribution, reduction in the material size of the global economy, and a shift in common values towards care, solidarity and autonomy. Degrowth means transforming societies to ensure environmental justice and a good life for all within planetary boundaries.
Image for DEGROWTHWhen I write DEGROWTH, I mean this: Logo of DEGROWTH Movement.
Summary of Key Points"Prioritization of Social and Ecological Well-Being instead of Corporate Profits, Over-Production, and Excess Consumption" is the most common definition for DEGROWTH on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
|Definition:||Prioritization of Social and Ecological Well-Being instead of Corporate Profits, Over-Production, and Excess Consumption|
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