Degrowth: How to Make the World Poorer, Polluted and Miserable
5 months ago
John Stossel
Activists have a new goal: "DEgrowth."
They say "growth is killing us." They couldn't be MORE wrong.
"Growth is not killing us. It's saving us!" says author Johan Norberg. He explains why growth is essential to human progress, especially for poor people.
"In poor countries, if you manage to grow by 4% annually over 20 years," he points out, "that reduces poverty in that country on average by 80%.
But DEgrowth activists insist that growth means "climate chaos."
They say a smaller economy would be "sweeter." They say "We must urgently dismantle capitalism!"
It's destructive nonsense. This video explains why.
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