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.
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.