Degrowth - Stossel TV

The left has a new goal: degrowth!

"We should “buy less stuff,” forgive debts, grow our own food, etc.
They say this will “build a more just and sustainable society” and “save the planet” from “climate chaos.”
This idea is popular with capitalism-haters...
Climate change may be a serious threat. 

But reducing global growth won’t help.

It would make things worse...

Norberg points out, “If we didn’t have any economic growth since the 1950s, we would have slightly less global warming, but around half a million more people would die because of climate-related natural disasters. The risk of dying has declined by some 90%, and that’s not because we have fewer disasters. … It’s because we’ve had economic growth.

It means that we improve construction, improve early warning systems, improve health care … we can deal with disasters in a better way.”...