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Degrowth shared out equally would cut the incomes of everyone above the world average by about two-thirds.

Drawn from what Branko Milanovic said

degrowth

degrowth Deliberately shrinking output as a climate strategy, and the arithmetic of who pays for it.

Do we shrink our way out of the climate problem, or grow our way out?under our view: Shrinking output means somebody stays poor, and the arithmetic says who

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What Branko Milanovic actually said

Word for word, with the source under each one. They did not write this page.

  1. Branko Milanovic

    Economist specialising in global income inequality

    How much of a reduction would this imply for the global top 27% (those with incomes above the global mean)? Their incomes would have to be cut by almost two-thirds.

Added to korrents 18 Nov 2017 · How quotes work · Something wrong? Tell us

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