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We keep measuring everything's value with something that continuously loses value over time
(self.showerthoughts)
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Economists and those that made political theory have been looking for better alternatives since the formation of civilization.
What is your suggestion for a better system?
incoherent screaming and whining
Degrowth
From your source:
"For world economic equality to be achieved with the currently available resources, proponents say rich countries would have to reduce their standard of living through degrowth. "
Can I ask what measures you've taken in your life to reduce your standard of living to match the degrowth goal?
Buy local products, buy conflict-free, slave-free, or fair trade products whenever possible, most of my belongings are second hand or have been in my possession for a long time (the oldest piece of clothing I was gifted is about 40 years old, the oldest I bought about 20), don't own a car and public transport is taken whenever possible, short distances are by bike or foot, food waste is nearly 0, etc.
How about you?
First, I'm not bound by your measurements because I'm not advocating your Degrowth position. You, however, are.
I'm taking a slightly different path to sustainability. I live closer to the food which drastically reduces the carbon consumption needed to bring it to me. That does require owning a car. However, my house and my car are powered by sunlight from the panels on my roof collecting it. I work from home so that also means I'm not commuting, reducing my car usage significantly. My hobby is electronics repair, so I get non-working TVs etc, from the waste stream, repair them and return them to service reducing the need for new units to be produced.