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Freezing world output at today's level would condemn a quarter of humanity to permanent abject poverty.

Drawn from what Branko Milanovic said

Subjectdegrowth
What this subject means

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

On the topicDo 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
    Then, unless we change the distribution of income, we are condemning to permanent abject poverty some 15 percent of world population that currently earn less than $1.90 per day and some quarter of humankind who earn less than $2.50 per day.

    Where this was said

    ↗The illusion of “degrowth” in a poor and unequal worldglineq.blogspot.com

    18 Nov 2017

    All 5 korrents from this piecethis one is 1st

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

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