Climate change, scarcity chip away at degrowth taboo ...Qatar

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Climate change, scarcity chip away at degrowth taboo
Degrowth — the idea that a finite planet cannot sustain ever-increasing consumption — is about the closest you can get to a heresy in economics, where growth is widely held as the best route to prosperity. But, as climate change accelerates and supply chain disruptions offer rich-world consumers an unaccustomed taste of scarcity, the theory is becoming less taboo and some have started to ponder what a degrowth world might look like. After the UN climate science agency this year called for cuts in consumer demand — a core degrowth premise — the think tank that runs the Davos forum published a degrowth primer in June and the issue has even begun to crop up in investment notes. “It is a provoc

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