The multiple crises that we are facing require a social-ecological transformation of our societies. To ensure a good life for all within planetary boundaries, Degrowth proposes a radical downscaling of production and consumption and the restructuring of socio-economic systems around human well-being and ecological stability. Productive capacities should be directed towards activities that serve the well-being of the people and the environment. A big part of those lie within the Foundational Economy. Strengthening the Foundational Economy and thereby making sure that people are able to meet their basic needs (e.g. by universal basic services (UBS)) might at the same time create acceptance of the more radical, transformative measures. Foundational Economy and Degrowth proponents agree upon that the organization of basic provisioning around the principles of profit generation and international competition has to be ended and is driving social and ecological destruction. Lisette van Malthzahn (Degrowth Vienna) will explore with Max Hollweg (Attac/Degrowth Vienna), Sina Reisch (Konzeptwerk Neue Ökonomie), Gabriel Trettel Silva (Modul University Vienna) and Sybille Pirklbauer (AK Wien, tbc) the intersections between the Foundational Economy and Degrowth, and present starting points for the role of the Foundational Economy for social-ecological transformation.
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