The economic justice movement has long advocated for reforming the global financial architecture, focusing on colonial and imperial dynamics while addressing historical and structural inequalities. Simultaneously, the environmental justice movement highlights the ecological repercussions of the predatory nature of the current economic system. Degrowth bridges these two movements by addressing gaps left by both, offering a strong analysis of capitalism's biophysical metabolism, the implications of ecological modernization, and transformative policy proposals centered on autonomy, care, and sufficiency. While economic justice advocates for wealth redistribution through measures like taxing fossil fuel industries, degrowthers push for a transition away from an exploitative economic system reliant on resource extraction.
Moreover, the degrowth community emphasizes not only the need for a transition but also the steps necessary to achieve it. Research indicates that a rapid, global decoupling of environmental impact from economic growth is highly unlikely, if not impossible. The degrowth framework and its innovative proposals are essential in reinforcing the demands of the economic justice movement, particularly in reforming the global financial architecture to ensure ecological sustainability alongside social equity.