Re: Recession to Depression
By: Ogg to Boraxman on Mon Jul 18 2022 08:44 am

Not many people think in terms of when enough is enough.

Sounds like there are some interesting thoughts by these
people:

[o] The Future is Degrowth: A Guide to a World Beyond
Capitalism | Paperback

Matthias Schmelzer | Andrea Vetter | Aaron Vansintjan
Verso Books | Verso
Political Science / Political Economy / Public Policy - Environmental Policy / Hist
Published Jun 28, 2022

"This book provides a vision for postcapitalism beyond growth.
Building on a vibrant field of research, it discusses the
political economy and the politics of a non-growing economy. It
charts a path forward through policies that democratise the
economy, "now-topias" that create free spaces for
experimentation, and counter-hegemonic movements that make it
possible to break with the logic of growth. Degrowth
perspectives offer a way to step off the treadmill of an
alienating, expansionist, and hierarchical system."

As I have already mentioned, Keynessians are the ones accusing everybody from wanting
economical growth at any cost while being themselves the ones promoting growth at any
cost policies.

Meanwhile you can find books from Capitalist ideologues from the 40s who talked about
deflationary economies in a non-disfavorable light.

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Hello Boraxman!

** On Tuesday 19.07.22 - 20:40, Boraxman wrote to Ogg:

[o] The Future is Degrowth: A Guide to a World Beyond
Capitalism | Paperback

Matthias Schmelzer | Andrea Vetter | Aaron Vansintjan

Haven't heard of this book, but it seems like one that is
worth adding to my reading queue. [...]

to consume less, but we have little choice with regards to
production. Most people are employed, and the company is
controlled by a few who choose how much is produced, and we
have to produce in excess to take part in the economy, to
pay rent, buy a house.

I would think that if/when people can be satisfied by consuming
less, then production/imports wouldn't be an issue.. and all of
us would settle into a 3 or 4-day work week.


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Re: Recession to Depression
By: Ogg to Boraxman on Fri Jul 22 2022 07:53 am

I would think that if/when people can be satisfied by consuming
less, then production/imports wouldn't be an issue.. and all of
us would settle into a 3 or 4-day work week.

The reason we can't is because we don't really have economic freedom. We only get to control a minority of our economic decisions.

If we had more agency over our economic decisions that we make in our lives, I think we would gravitate towards less consumerism and have that shorter work week.

Most people who are "de-growthers" miss this very important point, and think we can make change without the power to make it. Think about what they say, they only talk about consumption. What is the BIGGEST economy activity that you will partake in? It is (if you lead a profitable life), production, your employment. Because your productive activity is controlled by others in a dictatorial way, you really have far, far less freedom and agency than you are led to believe.

The individuality and freedom of our Capitalist system is a lie. A shabby lie and it is time that people woke up to it.

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