Degrowth would require the world to go from an inequality worse than South Africa's to a complete equality no recorded society has ever had.

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

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

  The claim about the Gini is the arithmetic of the claim about incomes: getting everybody to the global mean is what takes world inequality from worse-than-South-Africa to a flat distribution no society has recorded.

Related korrents

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• The way to cut emissions is to tax the most emission-intensive goods, not to stop growth. BMBranko Milanovic18 Nov 2017degrowth
• Progress is not driven mainly by material resources, so running out of them is not what would stop it. JCJason Crawford12 Sept 2020similar wording
• The climate policy everyone has quietly assumed is that poorer countries stay poor, and that is the wrong answer. BMBranko Milanovic18 Nov 2017similar wording
• For the whole of human history the bottleneck on progress has been getting a group of smart people together around a shared goal. AWAlexandr Wang29 Jul 2026similar wording
• Sustained growth in living standards required productivity to accelerate and population growth to fall at the same time. DVDietrich Vollrath11 Oct 2022similar wording

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