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. [...]