Economy of Degrowth: Theories and Perspectives

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Michele Castaldo The second part of the job is more specific and concentrates in the most important principle of degrowth which is relocating. Analyzing economics models and empirical evidences together with degrowth supporters' arguments and theories is the aim of third chapter. In countertendency with globalization, the purpose is to empower citizens shifting political and economical dymanics closer to them. Forth chapter presents some case studies on relocation: local food production in north-east Germany, local currency in Bavaria and participatory budget in Brazil. The last chapter is dedicated to critics and comments on the theory of degrowth and on localization. Chapter I – The crisis of the economy of growth 1.1 - The infinite growth The origin of the society of growth can be found in the rise of bourgeois class (XIV century). Since that moment, the common belief of generating more and more surplus started to spread. Since XVII century, with the rising of mercantilism, the wealth of a nation was measured basing on exportation exceeding importation, i.e. in money instead of goods. The modern concept of growth, however, comes from the post-industrial period. Mechanization, assembly line, big factories: everything was leading to produce more and more in a shorter time and at a lower cost. The boundless production lead to post-industrial crisis in which basically the demand was unable to match that huge supply. After the Second World War, European countries knew a period of great development, what in France is knew as the Glorious Thirties (1945-1975). The optimism and the great expectations toward the system of growth are probably related with that experience. The modern crisis, started in 2008, is showing all the social inconveniences of an economy of growth with negative growth. Unemployment, public deficit, lack of investments, bankrupt of small-medium enterprises, are the result of a system which needs a constant source of incrementation in order to reach its equilibrium. The question that rises is: is growth always reachable? Or, better, is unlimited growth possible in a limited planet? 5

Anteprima della Tesi di Michele Castaldo

Anteprima della tesi: Economy of Degrowth: Theories and Perspectives, Pagina 3

Tesi di Laurea Magistrale

Facoltà: Economia

Autore: Michele Castaldo Contatta »

Composta da 85 pagine.


Questa tesi ha raggiunto 120 click dal 14/12/2012.


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