There are two kinds of economic growth at least: growth that tapers off to a STEADY STATE, and EXPONENTIAL growth. The poorer nations may need economic growth, but which type should it be?
Maybe the people of the West should take the lead and live simply so the others may simply live. There's enough for everyone's NEED, but NOT everyone's GREED.
Limits to economic growth. Consider this. Finite supply of goods and materials v infinite money supply via fiat currency that can be inflated and deflated at the press of a computer keystroke. Sure markets get more people out of material poverty but the question is, 'what is going to happen as food and energy supplies dwindle'. Re your technology savior idea, I'm not sure the person cutting down the last tree on Easter Island was looking around and saying, 'technology/science will save the day'
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There are two kinds of economic growth at least: growth that tapers off to a STEADY STATE, and EXPONENTIAL growth. The poorer nations may need economic growth, but which type should it be?
Maybe the people of the West should take the lead and live simply so the others may simply live. There's enough for everyone's NEED, but NOT everyone's GREED.
S1587915G 1 year ago
Limits to economic growth. Consider this. Finite supply of goods and materials v infinite money supply via fiat currency that can be inflated and deflated at the press of a computer keystroke. Sure markets get more people out of material poverty but the question is, 'what is going to happen as food and energy supplies dwindle'. Re your technology savior idea, I'm not sure the person cutting down the last tree on Easter Island was looking around and saying, 'technology/science will save the day'
DavidAKZ 2 years ago
Comment removed
flashvideofan 2 years ago
Sure he is smart, but think he relies on logic too much. Abandon all logic yea who enter here !
DavidAKZ 2 years ago
Do feel free to pose more questions of your own to me at Twitter link top right. Do make comments here, and you can help others by pressing the Rank and Favourite buttons above so people can find what is useful. Thanks.
pjvdixon 2 years ago