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Quote by Naomi Klein

“All around the world, the hard realities of a warming world are crashing up against the brutal logic of austerity, revealing just how untenable it is to starve the public sphere at the very moment we need it most.”

Book:This Changes Everything: Capitalism Vs. The Climate

Work

This Changes Everything: Capitalism Vs. The Climate

The book delves into the complex interplay between economic systems and environmental degradation, analyzing the potential consequences of climate change and advocating for transformative changes in both economic and social structures. more

Author

Naomi Klein

Naomi Klein is a Canadian author and activist recognized for her work on social justice and environmental issues. Born on May 8, 1970, she has authored several influential books that have gained international acclaim. more

“Property-owning democracy avoids [inequalities], not by redistributing income to those with less at the end of each period, so to speak, but rather by ensuring the widespread ownership of productive assets and human capital (educated abilities and trained skills) at the beginning of each period.”

Democracy Social Justice Inequality Liberalism Fairness Political Philosophy Welfare State Equality Of Opportunity Redistribution

Author:John Rawls

“It’s not growth itself that matters – what matters is how income is distributed, and the extent to which it is invested in public services. And past a certain point, more GDP isn’t necessary for improving human welfare at all.”

Economics Inequality Gdp Degrowth

Book:Less Is More: How Degrowth Will Save the World

Source: Less Is More: How Degrowth Will Save the World

“When capital has bumped up against limits to profit-growth in the past, it has found fixes in things like colonisation, structural adjustment programmes, wars, restrictive patent laws, nefarious debt instruments, land grabs, privatisation, and enclosing commons like water and seeds. Why would it be any different this time? Indeed, a study by the ecological economist Beth Stratford finds that when capital faces resource constraints, this is exactly what happens: it turns to aggressive rent-seeking behaviour. It seeks to grab existing value wherever it can, with clever mechanisms to suck income and wealth from the public domain into private hands, and from the poor to the rich, exacerbating inequality.”

History Capitalism Economics Inequality Exploitation Rent Degrowth

Book:Less Is More: How Degrowth Will Save the World

Source: Less Is More: How Degrowth Will Save the World

“Consider this thought experiment: if Portugal has higher levels of human welfare than the United States with $38,000 less GDP per capita, then we can conclude that $38,000 of America’s per capita income is effectively ‘wasted’. That adds up to $13 trillion per year for the US economy as a whole. That’s $13 trillion worth of extraction and production and consumption each year, and $13 trillion worth of ecological pressure, that adds nothing, in and of itself, to the fundamentals of human welfare. It is damage without gain. This means that the US economy could in theory be scaled down by a staggering 65% from its present size while at the same time improving the lives of ordinary Americans, if income was distributed more fairly and invested in public goods.”