Ekhilur - a functional degrowth economy in Spain

https://medium.com/postgrowth/negative-interest-economy-a-monetary-paradigm-for-a-post-growth-system-628e0fcf34f1

So, I just came across the real, working model of a functional #degrowth economy, using negative interest rates as a key driver.

This is really happening in Spain!

And could be replicated anywhere.

Super interesting.

#ekhilur

13 points · 3 comments · view on lemmy.world

3 Comments

pot_belly_mole@slrpnk.net · 3 pts · 1y (1 reply)

Based on the text I would not consider it a functional degrowth economy. What they have so far is the payment system, and some promising emerging use for it. But a great initiative and a great read anyway.

kudra@sh.itjust.works · 1 pts · 1y

I think I meant more that it was implemented and actually had throughput, as opposed to being theoretical, though of course not a complete closed economy.

tramsare@slrpnk.net · 2 pts · 1y