What the thing is
Degrowth is an academic and social movement, predominantly in Europe, advocating planned, democratic reduction of production and consumption.
Where it came from
It emerged from Romanian American economist Nicholas Georgescu-Roegen’s work in the 1970s, popularised in France by Jacques Grinevald’s 1979 translation and the pre-existing term décroissance.
What it gets right
It correctly identifies GDP as a flawed metric for human and ecological well-being.
What it gets wrong
It offers no viable path to equitable economic slowdown within capitalism—and scholars confirm this limitation.
Why it matters now
Because climate and inequality crises intensify pressure to question growth orthodoxy—yet degrowth remains institutionally marginal and structurally unresolved.
Is it worth your time
Yes—if you are assessing alternatives to GDP-led policy, or studying ecological economics in Europe. No—if you expect a ready-made transition plan for capitalism.