Economic growth cannot be constant due to several factors: firstly, the overall ecological footprint of a growing global economy leads to a natural disaster; secondly, an economic disaster will take place one day because of the growing mutual debt of world market actors. An alternative way of thinking could be a degrowth movement, which suggests that the principle of growth should be abandoned and this is a positive phenomenon. Proponents of degrowth economics assume that in the future, economic systems in general and production in particular will seize to be growth-oriented as an end in itself. The pursuit of profit will be replaced by the value systems based on the value of a public good, the revival of local communities and economies, and the building of partnerships among people. This practice is aimed not at the scope of economic relations (GDP growth, output, productivity, etc.), but at its quality.
The degrowth concept implies that society can function better without requiring continuous economic progress. Economic fairness, social well-being and environmental restoration can be realized by horizontal circulation of resources, and not with the accumulation of capital in the hands of individual market participants. Moreover, this approach helps corporations and businesses understand that they are not responsible for the constant growth, allowing them to focus on the quality of goods and services, to improve the quality of life of entrepreneurs themselves, to invest in what is really important to them, and to strengthen human ties.
In a perfect world, the degrowth economy operates on a global scale and is focused on restructuring the entire economic process on the Earth.