this post was submitted on 24 Jul 2024
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US Authoritarianism
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There are many, many different ways in which the economy could be shrunk. Many have the downside which you mention; making life miserable. But also many, other ways avoid this problem. A few examples how this could look like:
When discussing these things, we should never forget that too little, too late action will certainly lead to what you wanted to avoid; making life miserable for poor people.
reduce consumption of the super rich - interesting idea. sci fi at this point. all the consumption-reduction is hitting the poor so far
reduce production of trash products like plastic toys or single use vapes - eliminating those jobs, removing choice from people over what they use
remove laws which enforce waste, such as minimum parking spots - agree, zoning in general means enormous deviation from market equilibrium, meaning tons of economic value wasted
in urban design: prioritize mass transit, biking and walking over motorized individual transportation - as usual, ignores the time cost to people. Time is people’s most limited resource. Taking away people’s time makes them poorer