Degrowth Economics: Jason Hickel's Well-Being Regime

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Degrowth Economics: Jason Hickel's Well-Being Regime

Introduction

Modern economics is based on the flawed assumption that GDP measures human well-being, when in reality it only reflects the health of capitalism. Jason Hickel proposes a transition toward an "economy of life reproduction," where success is defined not by accumulation, but by the quality of existence within planetary boundaries. This article deconstructs the growth dogma and outlines how to replace it with a model focused on justice, resource regeneration, and a new definition of freedom.

The growth lie test: debunking political illusions

The growth lie test verifies public policies: only those that improve well-being without increasing the material-energy footprint and are democratically justified without referencing GDP pass.

The dictatorship of GDP vs. the real boundaries of well-being

GDP is a "blind accountant" that sums up remedial transactions (e.g., treating pollution-related illnesses) as profit. True metrics must be absolute and intersubjective, defining the common good instead of market accumulation.

The balance of reproduction vs. extraction in national accounts

New national accounts divide spending into the reproduction balance (health, education, care) and the extraction balance (armaments, speculation). The goal is to systematically shift resources toward life support.

Functional innovation vs. scale innovation: the transition regime

True innovation is functional innovation—improving quality of life while radically reducing resource consumption. Increasing the scale of sales alone, without quantitative limits, only deepens the crisis.

Social justice: an alternative to growth

Redistribution is a key climate tool. It acts like a thermostat, lowering the pressure for status consumption and reducing demand for unnecessary materials. Justice becomes the antidote to the growth imperative.

Shorter working hours: a stabilizer for a non-growth economy

Shortening the work week allows for full employment with lower material production. Time regains its status as a primary good, essential for care, education, and recovery.

The demonetization of services: the foundation of an abundance economy

Universal access to common services (health, transport, housing) lowers individual demand for money. The purchasing power of well-being grows, and demand is no longer driven by panicked status aspirations.

Debt reform: a condition for stability without growth

Budget stability is measured by the lack of resource destruction, not by the deficit. It is necessary to cancel debts (especially for the Global South), which force economies into constant, destructive exploitation.

Post-growth geopolitics: security without expansion

Geopolitical resilience does not stem from the speed of capital circulation, but from a systemic reduction in demand for raw materials. Quality of life and leisure time become new indicators of the model's global attractiveness.

Decolonizing the imagination: the end of growth hegemony

Decolonization involves designing networks of interdependence and technology transfers instead of barriers. This protects poorer nations from interest-rate colonialism and the unfair burden of transformation costs.

Negative emissions: a technological climate gamble

Relying on negative emission technologies (BECCS) is a gamble that shifts risk onto future generations. The precautionary principle requires reduction at the source, rather than delaying action in the name of further expansion.

The legal personhood of nature: a new standard for dispute resolution

The procedural personhood of nature allows the interests of ecosystems to be represented in legal proceedings. This shifts the burden of proof from immediate economic benefits to the long-term stability of the biosphere.

The anthropology of sufficiency: a new definition of freedom

Freedom in a post-growth world is not unlimited choice, but the reduction of compulsion. A free person is one who can recognize the threshold of sufficiency, beyond which excess becomes a burden and a constraint.

The ethics of finitude: a moral compass for post-growth culture

Accepting the finitude of resources and our own existence restores maturity to culture. Renouncing infinite material expansion opens space for infinite growth in consciousness, relationships, and meaning.

Summary

Can we redefine success in a world of finite resources? True abundance is born where material excess gives way to depth of experience. The transition to a well-being regime is not only an ecological necessity but an opportunity to regain control over the planet's future.

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Frequently Asked Questions

What is the "height lie test"?
This is a procedure to test whether public policies improve well-being indicators without increasing the energy footprint and whether their justification is democratically acceptable without relying on GDP growth.
Why does Hickel think GDP does not measure real well-being?
GDP is a blind measure that sums all market transactions, failing to distinguish between creative and remedial activities, such as treating pollution-related diseases or cleaning up after disasters.
How can wealth redistribution help protect the climate?
It acts as an income thermostat, lowering the pressure on status- and luxury-driven consumption, which directly reduces the need for unnecessary material and energy flows.
What is the idea behind demonetization of shared services?
It involves making health, transport and housing universal services, which reduces individual demand for money and allows for a decent life with a lower level of material production.
How does post-growth economics define modern innovation?
Innovation is no longer associated with market expansion, but with the art of reducing the ecological footprint while improving the quality of life and durability of products.
What does the changing role of public debt in the welfare regime mean?
Debt is no longer a fetish of GDP ratios, but a tool for financing reproductive infrastructure, as long as it serves the regeneration of resources and the stability of shared services.

Related Questions

Tags: degrowth economics Jason Hickel welfare regime height lie test material and energy footprint GDP and well-being common goods demonetization of services decolonization of the economic imagination income redistribution carbon budget Jevons' paradox reproduction balance purchasing power of well-being subjectivity of nature