Degrowth is an academic and social movement critical of the concept of growth in gross domestic product as a measure of human and economic development.[1][2][3] The idea of Degrowth is based on claims and research from a multitude of disciplines such as economic anthropology, ecological economics, environmental sciences, and development studies. It argues that modern capitalism's unitary **focus on growth causes widespread ecological damage and is unnecessary for the further increase of human living standards**.[4][5][6] Degrowth theory has been met with both academic acclaim and considerable criticism.
Degrowth theory is highly critical of free market capitalism, and it highlights the importance of extensive public services, care work, self-organization, commons, relational goods, community, and work sharing.
**Background** The "degrowth" movement arose from concerns over the consequences of the productivism and **consumerism** associated with industrial societies (whether capitalist or socialist) including:[16] * The reduced availability of **energy** sources (see peak oil); * The destabilization of Earth's **ecosystems** upon which all life on Earth depends (see Holocene Extinction, Anthropocene, global warming, pollution, current biodiversity loss); * The rise of negative societal side-effects (unsustainable development, poorer health, **poverty**); and * The ever-expanding use of resources by Global North countries to satisfy lifestyles that consume more food and energy, and produce greater waste, **at the expense of the Global South** (see neocolonialism).
In 2017, Inês Cosme and colleagues summarised the research literature on degrowth, finding that it focused on three main goals: (1) reduction of **environmental** degradation; (2) redistribution of income and **wealth** locally and globally; (3) promotion of a social transition from economic materialism to **participatory** culture.[17]
https://en.m.wikipedia.org/wiki/Degrowth
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