The issue is that under our current economic model consumption always has increase because revenue and growth for businesses is essential and CEOs are mandated by law to increase shareholder value as much as possible. While the number of people will and is decreasing, the ammount each individual will consume will have to rise so much as to increase overall despite the smaller number of consumers.
That, or the system, as it currently stands, will collapse - degrowth means recession and our society isn't built to embrace recession yet.
The issue is that under our current economic model consumption always has increase because revenue and growth for businesses is essential and CEOs are mandated by law to increase shareholder value as much as possible. While the number of people will and is decreasing, the ammount each individual will consume will have to rise so much as to increase overall despite the smaller number of consumers.
That, or the system, as it currently stands, will collapse - degrowth means recession and our society isn't built to embrace recession yet.