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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
What this subject means

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

What Branko Milanovic actually said

  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 7 Sept 2026 · How quotes work · Something wrong? Tell us

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