ABSTRACT

The climate change crisis caused by rising earth temperature poses an existential threat to life on the planet. In order to safeguard the future of human civilisation as well as the existence of other species, there is an urgent need to find effective ways to deal with the climate crisis. The declaration while advocating degrowth of the world economy also warns of challenges that the degrowth movement will face in the process of achieving the degrowth objectives: A process of degrowth of world economy is inevitable and will ultimately benefit the environment, but the challenge is how to manage process so that it is socially equitable at national and global scales. As valuable as the degrowth concept is in an ecological sense, it can only take genuine meaning as part of a critique of capital accumulation and part of the transition to a sustainable, egalitarian, communal order; one in which associated producers govern the metabolic relation between nature and society.