The prospect of stagnating incomes amidst ruinous pension and other costs comprise a toxic cocktail with potentially profound de-stabilizing effects.
quillette.com
"Many, particularly on the environmental Left, go even further and advocate “
de-growth,” essentially urging societies to consciously
reduce their economic wealth. This
agenda requires that energy, housing, food, and other consumption costs steadily increase, or be legally prohibited, so that ordinary people will be unable to eat meat regularly, use more energy, live in larger spaces, and travel freely."
And I should mention that the writer, Joel Kotkin, is your garden variety liberal. Article is well written and free from histrionics.