Degrowth, explained 

I wanna know who is the bilionaire who will stop gathering money for this to happen. People for the most part have very few, while rich people collects car, poor people can't afford one, will you donate yours?

Blissful high energy activism. I'm drinking it up.

Perpetual growth is a problem and we need to slow down. To the extent that the wealthiest 10% are responsible for 50% of emissions they are the ones that are creating the growth, the majority are already in degrowth and need to adopt those degrowth solutions. Rising inequality is making that ever more difficult. Like it or not degrowth for the masses is already here and has been for the last decade and more. Alternatively, degrowth will begin to take off when countries start cutting food exports forcing others to grow their own. Not every country will be able to do this as some are net importers which leaves the question how do net importers of food trade? Degrowth in the localism sense makes a lot of sense but it is not a universal solution as far as I can see but certainly should be pushed at a local level where possible. Other ideas of degrowth are adopting intermediate technology, tools libraries/library of things, right to repair etc. Another barrier to degrowth is the interconnectedness of markets that rely on so many raw materials. Right to repair, intermediate technology and libraries of things help slow this at the individual, household and community level and indeed it can increase resilience if we tie that in to food production and local resources. For larger technology / plant this model is limited.

The problem is not economic. It's government policy, specifically spending on things government has no business spending money on and now the bills are due. All the rest of the noise is a smoke screen: Capitalism is bad, America is so divided, Guns are the problem, and so on. So why is government the problem? Because they need more money to service our ever growing debt (standing well over 34T). Because of that they need more inflation and higher taxes than ever to cover the interest on existing debt. More tax grabs are coming and much more inflation. This cycle will continue until the government is held responsible for their reckless behavior. For most of the past 75 years government spending as a % of GDP has ranged between 40% and 60%. Then Obama showed up and spending went to 95-100+% during his tenure and since he left it's never been below 100% and is now in the 120-130% range. No administration (not even our congress people) have the political will to correct this behavior because it means stopping to pay for bailouts, entitlement programs, our voluminous and never ending proxy wars (sometimes even outright wars), our police state (HHS and TFA)...and the list goes on and on. Government needs to do what they were always instituted for and really not much more. That is education, infrastructure, border security, and protection from foreign invasions. Instead government has embedded itself into every single industry and knows how to do nothing but grow itself and grow its spending. If left unchecked, they will ruin this country. None of these issues has anything to do with capitalism, it's our elected (and more so our unelected) government officials acting like our money is theirs to do what they want with it.

This is a really bad introductory video that seems to be targeted at people who already agree with all premises and conclusions and have already been taught a very specific perspective on economics. I'm new to this concept but I must admit it doesn't make any sense to me. This whole theory of degrowth seems to be based on a rather one-dimensional perspective on economies and completely dismisses the complexity of local, national, and global markets as well as neglecting any and all supply and demand dynamics. For example, the simple fact that if products that have been cheap for a long time become more expensive, less people will buy them which in turn will yield less income for the company which in turn will yield less income for the workers. The utopia of paying people for care work also doesn't make sense to me since you didn't explain where that money should come from and who will pay those people. I'm gonna continue to research this topic but so far, this is already the 2nd video that didn't explain any explicit practical scenarios of how implemented degrowth could actually work over long periods of time without the need of a dictatorship.

People are inherently lazy. Which means we are inherently sustainable. That's awesome! I'm going to celebrate by smoking a joint and taking a nap!

green anarchism and communalism

Never believe people advocating for degrowth

State enforced poverty. There, that's the whole explanation.

This video was big on buzzwords and very light on actual details. "No set script" seems to mean no actual economic theories or proposals that can be scrutinized and/or actualized. Revolutions aren't built on ecological or sociological theories alone.

4:20 beautiful smile

Nonsense. We need more growth and capitalism.

What is the name of song on the background? Excellent video btw, very informative and useful)

I’m ready for enviroeconomy to be honest.

u make me feel some type of way bro

Is this just pseudo-socialism?

OK komrade

Min 2:50 - 3:06 u sound like eminem

It's hard to be a capitalist alternative when you describe it in capitalist language. Even the term degrowth is just saying your anti-capitalist it's not something new.

So basically you don't want us to have orange juice?

Quality of life...who determines that??? Wgatcabout discussion...where's the cons..no discu

very interested in this movement - can anyone recommend groups to join (in Canada)? getting together to start something?

But if you charge a little more doesnt that drive up the price?

We can increase GDP by commodification of air. That's ridiculous right

Degrowth means that lifespans will shorten, and populations will shrink.

Gdp counts costs plus profit. You can see it in any calculation system from Profit oriented companies. This is the reason why some Economists Talk about Profit based Inflation. Rest is top noch explained. Imagine a country without the right to any Profit.

Will rapidly developing AI impact degrowth?

I thought this was Nathan Fielder... wait I think it is 😂

Excellent! Please translate into Spanish, sure there are many people interested in seeing it.

Excellent and specific infornation all 8 billion of us should understand and act upon in our global communities.

The Jevons Coal question, yeah.

What's cartoon was in start if video?

6 years ago..

Just became a degrowther!

This is a really intriguing way to start thinking about economic growth/degrowth

goes well with a (voluntary, high) unconditional basic income

Never, in over 60 years of life, have i seen anything get cheaper because of progress. The one possible exception is that life, itself, is cheaper.

I want to be the one who gets paid to sit with my grandparents!

Are the middle classes going to be made into serfs as well, or will it just be the working classes?

Systemic solution: Take the power to create money, out of this air, as debt, with interest, out of private hands, the banks, and hand that power back to the people, the state, which can issue debt free money, “in sums sufficient to satisfy the needs of the consumer” (President Lincoln) and in doing so, remove the need for GDP growth by removing the need to pay for the intrinsic interest, and fund a green new deal, international peace force, UBI and end gross inequality. Sovereign Money. See the Positive Money campaign.

It is literally thermodynamically impossible to continue even a 2-3% growth for the next 100 years on Earth. That said, degrowth is a nuanced topic and must be approached carefully. The name is also quite bad optics-wise.

The necessary scenario that just won't happen.

how does this channel not have like 5M subscribers?? well, now it has one more, at least ❤️

So beautiful and necessary, and still so unrealistic. Is there any theory how to accomplish degrwoth and keep it in a stable state? I mean, as soon as one participant starts growing again, he will soon have the majority of power, and the competition for growth is up again.

Not all growth is bad. What about scientific growth? That's important for treating and curing disease, allowing people to live longer and healthier. And as nice as bottom-up grassroots initiatives are some things just can't be handled that way. You don't think a community cooperative is going to discover the cure for HIV or cancer, do you? EDIT: Another thing, landartgenerator.org/blagi/archives/127 There is enough land for either solar or offshore wind alone to power the energy needs of the entire Earth alone. If the entire Sahara desert were solar panels it would produce 18x what is necessary. If governments only had the political will we could do away with fossil fuels as well as dangerous nuclear fission within the next few years. If we recognized climate change as the threat that it is governments could demand the construction of enough solar panels, wind turbines, and geothermal plants to meet energy needs. This would require us to tax a lot, but it would be worth it. If necessary we could limit costs by making mandatory, participation in helping to construct renewable energy plants or in helping to mine (or recycle from previous structures) or transport the materials required to build the plants. We have jury duty, why not a duty to participate in saving the planet? The government could also impose price controls for any materials bought when bought by a licensed government agent for the sole purpose of contributing to building the plants. To avoid the cost of eminent domain takings the government could just make the operation of fossil fuel or nuclear power plants illegal without buying the property. It wouldn't be illegal right away, it would only become illegal once the renewable energy plants were up and running. Before the renewable energy plants are up and running make shutting down the power plants illegal to prevent them from playing any games.

Beautiful! Thanks for sharing your juice!

But the median growth has increased from roughly $13,000 to $56,000?? Can you explain your graph at 1:43

Communist trojan horse

A lot of what was claimed in this video is factually incorrect. In the United States, the rich are getting richer, but the poor are also getting richer. Also, starvation-level poverty has fallen by 80% since 1970 around the world, thanks to Capitalism. I recommend getting your economics from an actual economist. Thomas Sowell, the well known economist, has written extensively on these issues. As for pollution, sure, we should have some regulations. But the claim that carbon dioxide is going to cause an apocalypse is not justified by the science. Many want to claim that "97%" of Climate Scientists "agree," but these studies are suspect for a number of reasons, and despite what Left-wing politicians claim, none of these studies have ever asked scientists about the severity of the problem. There is a big difference between saying that humans are causing significant warming, and saying that this warming will be dramatically harmful to the health of the planet.

Human rights and freedoms do not involve capital, except in the US where conservatives managed to get property included in the constitution, and when the Supreme Court rules the money was speech. Conceptually, freedom does not have to be the absence of constraint, but should be seen as the capability for, which is better described as positive freedom. We can also think of a shift from quantitative growth to qualitative growth. This all shows that decarbonization is itself a deeply political agenda because it takes for granted the current economic model Since there has to date, been no reduction in the rate of emissions, or in atmospheric carbon following a failed strategy is a guarantee of failure. A decrease in production and consumption, through degrowth is the only civilized path path forward.

Sounds like utopia. What happened last time we sold a utopian dream?

I wonder if Sam has figured out that this is simply communism?

Replies to this video form economists, American style libertarians, and "conservatives" include the following comments: Damn crazy socialists! What if I can't get a brand new iPhone every six months that differs little from my current iPhone? What if I can't get an ever-larger SUV to transport the boat I don't own up them mountain where I don't live (credit: Jon Stewart)? Bah, humbug! My personal magic sky fairy of my choice made this planet just for me, so I get to use as much as I want of whatever I want. Also, what about innovation? If I don't have the opportunity to get Bezos-rich with my orange juice venture, why would I start my business? Jobs lost, commies! You're all just jealous of billionaires! Bwahhhh!!!!

bye-bye

Wow. I can't believe this is a thing. No sense of economic reality what so ever. 1) global amount of people living in poverty has decreased dramatically 2) as green energy sources become cheaper, the adoption rate will increase 3) you used household income data for the U.S. Which is misleading bc as people make more money they tend to decrease the sizes of households, such as choosing to live without a roommate, which leads to shrinking household income when individual income actually rises. There are a lot of fallacies in this video, I feel that a focus on how to reduce carbon emissions would have been a lot more relevant and beneficial.

Socialism

Only a product of of lousy education system could come up with such idiocy.

Great atmosphere. Super positive. What we need is this kind of narrative to take climate change from scary nightmare to bright future. Thanks! Really well done. :)

You left out the fact that human population also increased with economic growth. That has something to do with the depressed wages of the lower class. Don't jump on the blame the rich bandwagon for depressed wages.

Communal orange groves? What fantasy world are you living in?

Let me get this straight. According to this, it'd be better to cut every orange in half and just throw it away. That way Oj is twice the price and more people can't afford it. Why stop there? Mandate cars get no more than 10mpg. Driving is too cheap/efficient. Replace all laundry detergent with mud. So people are properly motivated to wash by hand, they'd probably just use those extra hours saved figuring out ways of making goods and services that people want to live and be happy more affordable, the bastards.

Such an important, well-explained video! You earned a subscriber!

Interesting way to sell the idea of socialism which then leads to the commy life style.

Carbon emissions not equal to environmental damage. London much cleaner than 1800s today. Explain that

Great new I want to drink juice

2:53 OW MY EARS