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It’s a GIGANTIC ‘increase.’

Foster ’23 [John Bellamy; July 1; professor of sociology at the University of Oregon and editor of the Monthly Review; “Planned Degrowth: Ecosocialism and Sustainable Human Development,” Monthly Review, https://monthlyreview.org/2023/07/01/planned-degrowth/]

In the United States and other rich countries, the means already exist at present for such a massive, qualitative transformation of society in line with social priorities and the needs of the oppressed working class, while shifting away from imperialism and the global oppression of “the wretched of the earth.” This can be easily seen by pointing to the now trillion-dollar military budget, which could be repurposed to carry out those changes in the energy infrastructure necessary for human survival. But it can also be seen in the rising levels of expropriation of surplus from the direct producers. A study by RAND Corporation estimated that $47 trillion (in 2018 dollars) was expropriated from the bottom 90 percent of the U.S. population between 1980 and 2018, calculated based on what they would have received if income had grown equitably within the economy over the period. This exceeds the entire current value of the U.S. housing stock, which in January 2022 was $43 trillion dollars.118 At the base of this enormous social surplus is social labor, which needs to be allocated on an economic and ecological basis, and no longer on the basis of private accumulation.

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