Schmelzer, M., Vetter, A., & Vansintjan, A. (2022). The future is degrowth: A guide to a world beyond capitalism. London: Verso Books.
A Summary of The Future is Degrowth: A Guide to a World Beyond Capitalism
The Future is Degrowth: A Guide to a World Beyond Capitalism, authored by Matthias Schmelzer, Andrea Vetter, and Aaron Vansintjan, presents a comprehensive exploration of the degrowth movement, challenging the prevailing paradigm that equates economic growth with societal well-being. The book argues that the relentless pursuit of growth, as measured by Gross Domestic Product (GDP), is inherently unsustainable and contributes to ecological degradation, social inequality, and a diminished quality of life.
The authors trace the historical roots of the growth imperative, highlighting how capitalist economies have been structured to prioritize expansion, often at the expense of environmental and social considerations. They critique the notion of "green growth," asserting that technological advancements alone cannot decouple economic activity from environmental harm at the scale required to address the climate crisis. Instead, they advocate for a deliberate downscaling of production and consumption in affluent societies to align economic activity with ecological limits.
Central to the book is the concept of "nowtopias"—grassroots initiatives and community-based experiments that embody degrowth principles in practice. These include cooperative enterprises, local currencies, urban gardening, and alternative housing models that prioritize social and ecological well-being over profit. By examining these real-world examples, the authors demonstrate the feasibility and desirability of a post-growth society.
The authors also delve into policy proposals that could facilitate a transition to a degrowth economy. These include implementing universal basic services, reducing working hours, instituting maximum income thresholds, and promoting democratic ownership of resources. Such measures aim to redistribute wealth, reduce ecological footprints, and enhance collective well-being.
Furthermore, the book addresses the global dimension of degrowth, emphasizing the need for decolonization and the rectification of historical injustices perpetrated by the Global North. It calls for solidarity with movements in the Global South that seek to reclaim autonomy and resist exploitative economic structures.
In conclusion, The Future is Degrowth offers a compelling vision for a just and sustainable future beyond capitalism. By challenging entrenched economic assumptions and highlighting viable alternatives, the authors contribute to a growing discourse that seeks to redefine progress in terms of ecological balance, social equity, and human flourishing.
