Author intends it as an insult, but still.
You must log in or register to comment.
Degrowth is reducing production, not reducing productivity. Raising prices for consumers is a feature of degrowth when external costs of the goods have been included in the shelf price - the price remains the same but the cost is no longer borne by the formerly politically disenfranchised. Trump is intentionally trying to disenfranchise more people - tariffs are effectively a sales tax, which are one of the most regressive forms of taxation.
Trump isn’t succeeding at ecological socialism, he’s failing at extractive capitalism.