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Many European nations guarantee free health care and education; Vienna and Singapore are renowned for high-quality public housing; and nearly 100 cities worldwide offer free public transport. Instead of prioritizing the short-term finan-cial interests of shareholders, companies should prioritize social and environmental benefits and take social and ecological costs into account. [...]a degrowth strategy can also reduce demand for material goods - for example through progressive taxation, by encouraging shared and collaborative consumption, incen-tivizing renovation and repair, and supporting community-based services. Modelling and empirical research is needed to shed light on the pros and cons of innova-tive monetary policy mechanisms - such as a 'tiered reserve system', which reduces the interest rate on government debt.