André Gorz, a French social scientist, coined the term “degrowth” in 1972. At an academic forum, he posed a revolutionary question: “Is the earth’s balance, for which no-growth—or even degrowth—of material production is a necessary condition, compatible with the survival of the capitalist system?” Back then, the idea of prioritizing human and environmental welfare over economic growth was so radical that Gorz was laughed out of the political sphere.
The concept of degrowth as demonstrated in a timebank in Boston in the US.
The full story can be read here (external link).
There’s recently been a fantastic development in the world of timebanking! Along with @TimeBanksOrg we’ve supported the @PAUCIFoundation to set up a time bank in Ukraine! Timebank Verkhovyna has launched in West Ukraine helping to involve people displaced from Eastern Ukraine where they can feel valued and engaged in the local community. I am personally very proud and moved with their mention of my help.