I don’t understand what they mean when they say “non-capitalistic”.
> 12b · What's non-capitalistic?
> Its method is regenerative agriculture without using pesticides and fossil- based fertilizers while growing plants only - a gentle way of farming.
> 12b · What's non-capitalistic?
> Its method is regenerative agriculture without using pesticides and fossil- based fertilizers while growing plants only - a gentle way of farming.
Degrowth means literally to be poorer than today. Personally I am okay with that, but we should not hide it.
It is your money inside pension funds, or index funds which large financial institutes can use to get more influence throughout the economy. And you can thank private equity for the hollowing out of the housing market or medical care sector.
A post growth economy needs investors who are okay with only getting back what they invested and nothing more.
I would love this to be true, but I'm afraid you cannot change the psychology of the people like this.
You could argue that ESG is already nudging companies into this direction. But now you have directed capital flow for non-standardized goals. It is still outside of democratic control and under control of the largest cooperations on earth.
There are tabacco companies which have an ESG score higher than Tesla...
The problem is not the growth. Is the increasing wealth discrepency. "Too big to fail" should be "too big to exist".
And no, I am very anti-marxist.