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‘Degrowth’ alone is not enough

Abstract

Can our production systems become sustainable and balanced within our existing political and economic order? This is, in principle, possible. The expected problems in financing such a transition can be overcome once the analysis is based on actual economic processes.

This paper aims to move beyond the current purely GDP-oriented debate on growth by highlighting the differences between real finiteness and the apparent finiteness of GDP.

Growth and finiteness have to be reconciled if we want peace and sufficiency for possibly over 10 billion people in the future.