The main Debunk’Onomy article archive is now available in English: NEMO IMS, international monetary systems, debt-money, green finance, GDP, degrowth and planetary boundaries.
Milanovic is right: neoliberalism is dead. But the debate misses the fundamental blind spot — the monetary system itself.
The greatest blind spot of international trade: the biosphere as the ultimate payer. Exchange asymmetries, dollarized debt, extractivism and
Technological efficiency, rebound effect, green decoupling myth: why innovation alone won't save the planet — and how NEMO IMS changes the monetary rules of the game.
High entropy = high margin. Low entropy = compressed margin. Regenerative = legal insolvency. Not a moral paradox — a law of monetary architecture.
Microeconomics doesn't lack solutions. It lacks the right level of intervention. As long as the monetary system remains intact, any ecological transition will remain structurally marginal.
A philosophical critique of an economy that no longer knows what to invent to justify its existence. From fabricated diseases to the privatisation of the commons.
Debt is perfected servitude. Money is a social creation. Understanding how the monetary system works is the first act of resistance.
Owning all the gold in the world will not feed you on a ruined planet. Why we have inverted the hierarchy of values — and what neurobiology and NEMO IMS tell us about the way out.
As long as ecologists neglect the monetary question, nature will lose. Our monetary system structurally demands growth — not as a political choice, but as an architectural constraint.
Microeconomics observes the pieces. Macroeconomics observes the board. But nobody thinks to look at how the table is doing — and the pieces devour it to grow.
Extractivism produces short-term private profits. Regeneration produces diffuse, long-term civilizational benefits. This imbalance is not inevitable.
It is not a succession of shocks. It is the internal mechanics of a monetary system designed for infinite extraction in a biosphere with now-visible limits.
Bitcoin, BRICS, MMT or NEMO IMS: a systemic comparison of global monetary alternatives.
Green growth, absolute decoupling, Jevons paradox: why the promise of growing without destroying is a biophysical oxymoron — and what NEMO IMS proposes instead.
Is money a scarce commodity or an elastic debt? Breaking down exogenous and endogenous monetary theories, compound interest mechanics, and the planetary dead end they share.
Degrowth is not a disguised recession. It is a deliberate political project. Dismantling the legitimate fears — unemployment, social protection, geopolitical vulnerability — and naming the monetary blind spot that blocks everything.
$315 trillion in global debt. Three structural curses. A Gordian knot between finance and the biosphere. And one way out: NEMO IMS.
Three structural curses, a metaphor that works and NEMO IMS: how monetary architecture conditions the destruction of living systems — and how to rebuild it.
Jean-Baptiste Fressoz shows that energy systems accumulate rather than replace each other — a radical challenge to green growth and the necessity of degrowth.
From entropy to negentropy: why economic growth is a combustion, and why NEMO IMS proposes anchoring money in the regeneration of living systems rather than debt.
Why planned obsolescence is not merely an industrial scandal, but the symptom of an economic system that turns duration into the enemy of profit.
Why no material economy can grow indefinitely on a finite planet: impossible decoupling, production peaks, critical metals, water, sand, phosphorus, soils and planetary boundaries.
From Rome to contemporary financial systems, civilizations often hide the real costs of their wealth: workers, ecosystems, future generations and the human nervous system absorb what the economy calls efficiency.
Why moral and cultural degrowth is not enough without a monetary architecture capable of financing ecological and social robustness.
From the sterling gold standard to currency wars and the dollar standard: a long history of monetary breakdowns.
After two centuries of monetary crises, the time has come to imagine a system no longer anchored in debt, extraction and reserve-currency privilege.
The foundations, pillars and constraints that structure global finance — and why they must now be rethought.
From the Triffin paradox to the extractivist myth of Sisyphus — how the IMS forces nations to destroy the living world in the name of an illusory accounting balance.
How the apparent success of financial markets masks a structural failure of the real world.
While ESG assets multiply and financial actors claim to green the economy, the material pressure on the living world continues to grow.
Thirty years of climate summits, thousands of lobbyists and rising emissions: the problem is not only diplomatic failure, but systemic contradiction.
A portrait of the thinker of counter-productivity, institutional critique and the art of setting limits.
Understanding ex nihilo money creation, debt-money and the impossibility of ecological transition within a monetary system that must constantly grow to remain solvent.
An analysis of the ecological and social blind spots of the indicator that still dominates public debate.
Seven planetary boundaries out of nine are now under pressure: what ocean acidification reveals about the fragility of the living world.
A critical reading of the neoclassical legacy behind many contemporary transition narratives.
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