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Podcast: The Neurodivergent Professor
Episode: KEW Episode 126: Degrowth vs Growth
Description: While I don’t want to perpetuate the ‘capitalism sucks’ argument, I want to spend some time on degrowth.Pretty funny that the spell checkers keep correcting ‘degrowth’ to ‘regrowth’. See? This idea is manifested in everything.Because of capitalism, humans have become obsessed with growth. Mostly in the financial sense.The way our global economy is set up, growth is an essential requirement. Maybe THE MOST essential requirement.When we create money we create debt. The debt is the growth. If a bank prints $100, they charge you $105 and have thus created both d...