this post was submitted on 30 Dec 2024
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Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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[–] [email protected] 5 points 1 month ago* (last edited 1 month ago)

Q. You argue that there’s no viable alternative to fossil fuels. Hence, this requires a significant decrease in energy consumption in all areas.

A. The decrease in energy and raw materials is inevitable; this is a physical fact. It’s a fact that we’re already beginning to experience: we’ve seen a clear decrease in oil production — even more evident with diesel — and we’re going to have it when it comes to gas and coal.

There's a measurable decrease in the western world, and therefore worldwide. But this a consequence of legal policy. In asia/ru extraction of fossil fuels is increasing. (1). It's a physical, as in measurable, fact. But not one driven by physical inabillity.

What I imagine is more likely to happen instead is a de-industrialization of the EU, with a decline of it's currency, and a decrease in living standards. Populists will rise out of the discontent, aligning themselves more with the industrial and financial powerhouses from east. Leading to gradual loss of democratic freedoms in favour of material and financial aid.