Specifically, the GOP has renounced its traditional status as the party of jobs, consumption, and ever-growing markets, into a party that specifically embraces the "de-growth" movement, a longtime fringe ideology, historically more associated with the left, that advocates we should consume less and be deliberately be poorer for the sake of making the world we live in sustainable. In the first quarter of the year, the U.S. economy contracted by 0.3 percent — the first economic decline since 2022. What all of this means, he concluded, is that the GOP has "inadvertently embraced a central tenet of the de-growth movement they would otherwise dismiss" — and no matter the result of their policies, "one thing is clear: The old economic certainties are gone, replaced by something much stranger and more unpredictable.
Author: Matthew Chapman
Published at: 2025-05-12 21:58:49
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