Proposal For Degrowth and Productive Restructuring for the Colombian Economy

Abstract

This document proposes an economic degrowth model and productive restructuring for the Colombian economy, based on the principles of degrowth theory, supported by the tenets of ecological economics and the theory of human-scale development. It focuses on reducing natural resource consumption and minimizing environmental impact. The current economic model, which prioritizes growth and wealth accumulation without considering ecological limits, is critiqued, and alternatives focused on sustainability and social justice are proposed. Key proposals include reducing hydrocarbon production, military spending, and reliance on petroleum-derived agricultural products. Additionally, it promotes the development of a circular economy, the fostering of bio-industries, and the encouragement of organic agriculture. The text also highlights the need to protect water resources, limit monocultures, and promote durable and repairable goods. The proposal is grounded in the theories of degrowth, “good living”, and human-scale development, aimed at meeting basic needs and improving quality of life without compromising the environment. Finally, a change in the governance model is proposed, strengthening local participation and promoting environmental and social justice, especially to reduce inequalities and ensure the well-being of future generations.