alt Hacker NewsModern economies are addicted to growth, and asset prices are pinned to showing continued growth more than ever. As soon as any global power proposes to take a beat and re-evaluate the trajectory of innovation, they will be left behind. Global leadership is also effectively non-existent and aside from trade, no one seems to be able to really make inroads on big ticket issues. In a time where we need more collaboration that ever, governments seem to be skewing more nationalistic than ever.
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shuwix • today at 4:49 PM
Perfect example of "left behind" is EU, shooting itself in leg for many years with dubious results in terms of ecology ... and negligible in global scale.
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Well, to be fair, the whole "enough growth" thought happened to spring into existence at the exact moment where we (the west) have comfortable living standards.
Something other developing nations would need growth for to achieve.
So that's kinda interesting, because degrowth is seen as this conceptual antagonist to the people letting the global south burn, but they both are letting them down - just marginally differently.