@markhburton exactly, an economic recession is like crashing a car, while degrowth is like parking the car then getting out and walking instead.
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James Bradbury (jamesgbradbury@mastodon.social)'s status on Saturday, 18-Jan-2025 07:04:02 JST James Bradbury -
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Mark Burton (markhburton@mstdn.social)'s status on Saturday, 18-Jan-2025 07:04:03 JST Mark Burton Well now, we might think that this would be a good thing, the only way to actually get serious reduction in carbon emissions, and given the likely scenario of continued inaction / pretend action, it is.
However, such a crash would destroy many lives and livelihoods.
Before someone suggests it - this is not #degrowth, but unmanaged contraction.Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
https://www.theguardian.com/environment/2025/jan/16/economic-growth-could-fall-50-over-20-years-from-climate-shocks-say-actuariesBill repeated this.
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