Caroline Whyte argues that the only way to achieve degrowth without crashing the global economy is to change the way that money is issued. Yet, paradoxically, it would be advisable for central bankers to continue to publicly disagree with the Vollgeld and other debt-free-money campaigns’ suggested financial reforms - and for the campaigners to continue their campaigns regardless, not letting themselves be discouraged by the officials' stance.
"If we are going to survive the turmoil of the years ahead, we are going to need a deeper understanding of ourselves and what makes for our emotional well-being." write Brian Davey in the first chapter of his book Credo.
"Culture is what people do. It decays when people stop culturing. Changing a culture means changing what we do. Often, that will need a step by step transition as we negotiate obstacles. Even though we follow some backward meanders, the river may flow on." By Patrick Noble.
Patrick Noble thinks it probable that as GDP (spending) shrinks, things such as "bed time stories, knowledge, handshakes, gossip, sympathy, empathy, shared pleasures – raised glasses, a pub chorus, birdsong, a walk to the hilltop, a stroll on the shingle, good cooking and gardening" will expand and as they do so, happiness can expand.
Brian Davey connects the fall in the growth rate, with its roots in the rising costs of energy extraction and generation, to declining resilience in the economic system. He argues that these are in turn related to a more conflict ridden geo-politics. There is an increased vulnerability to shocks which will be catastrophic unless and until there is a new conventional wisdom in society about what is wrong and what has to be done about it.
Caroline Whyte writes that universal basic income is "an exciting idea, and this book is well worth reading if you’re even mildly curious to learn more about its potential."