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Prosperity

Degrowth Aims To Achieve ‘Frugal Abundance’

Degrowth is about building societies in which everyone is rich – without much material. It is a desirable project to strive for. For critics, degrowth is not very appealing. According to them, it means impoverishment, restraint, scarcity, austerity or recession. It is seen as a project to reduce the overall prosperity of individuals and societies. In contrast, in a recently published academic article, I argue that degrowth aims to achieve abundance, prosperity and richness. Other degrowth advocates have reached a similar conclusion, but here I claim that it first requires rethinking the dominant meaning of abundance. It is impossible to promise everyone to achieve high levels of consumption.

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