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Artificial scarcity served as the engine of capital accumulation. This same logic operates today. It’s all around us. Take the labour market, for example. People feel the force of scarcity in the constant threat of unemployment. Workers must become ever more disciplined and productive at work or else lose their jobs to someone who will be more productive still – usually someone poorer or more desperate. But as productivity rises, workers get laid off – and governments have to scramble for ways to grow the economy in order to create new jobs. Workers themselves join in the chorus calling for ...more
Less is More: How Degrowth Will Save the World
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