4 ms·
If you mean "limited" as in at any point of time there is a fixed amount of wealth, then sure. But wealth is being created constantly. Recessions can put a sh
by gwright 8y ago
If you mean "limited" as in at any point of time there is a fixed amount of wealth, then sure. But wealth is being created constantly. Recessions can put a short term dent in this progress but overall the progress over time is pretty impressive.
Take a look at the GDP per capital since 1960: https://www.wolframalpha.com/input/?i=global+gdp+per+capita https://www.wolframalpha.com/input/?i=global+gdp+per+capita
Looks like per capita GDP has increased by a factor of 20 since 1960.