this post was submitted on 14 Aug 2023
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The biggest issue is the rhetoric of degrowth economics faces is the idea that a sinking tide lowers all boats. The entire economic industry will come out against it. Even now, economists oppose sustainability because it restricts growth (though they do so without evidence and in opposition to the idea of competition, but who cares about that).
I've sat on a meeting in a big corporation where one of the middle managers straight up said that if you're not growing as a company, you are stagnating. How that math works in the long run was not covered.
That's what we're up against.
It comes from experience for a lot of poor voters, that policy changes tend to hurt them and help the rich. Unfortunatly that is not without reason.