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Knowledge will most likely grow, but with a steady population the only true GDP growth can come from moving people out of poverty and into the higher income bra
by BatFastard 10y ago
Knowledge will most likely grow, but with a steady population the only true GDP growth can come from moving people out of poverty and into the higher income brackets. Once everyone is there, what real growth is there?
- snowwrestler 10y agoEven higher income brackets? I don't know what you mean by "true" GDP growth. It feels like you're making some non-standard distinction but not explaining it.
- nradov 10y agoIn a knowledge based economy there is no upper limit on income. Theoretically it could continue growing indefinitely even with a stable population.