The idea that we might stop spending money has many obvious complications, but one benefit is that the advance of climate change would be slowed.
What would happen if we all stopped spending our hard-earned coin? |
That cannot be disputed for it was during the global financial crisis in 2007/8 when spending largely evaporated that the world’s carbon dioxide emissions slowed measurably.
Wealth equates with a worsening of climate change and so we simply need to use less of everything, primarily fossil fuel-based energy, conserve, lead more retrained lives and so stop spending money.
Read the ABC piece by Jessica Haynes - “What would happen to the economy if we all stopped spending money?”
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