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1) The theory and/or practice of rejecting the economic growth paradigm, largely for ecological reasons. See also "steady-state economy". 2) The theory and/or practice of a planned and managed contraction (shrinking or rightsizing) of the economy down to a more sustainable size, also largely for ecological reasons. 3) A euphemism for ecological austerity of some sort. 4) Any combination of 1, 2, or 3 above.
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