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> It probably won't. The reason is climate change. Climate change is going to cause hardship, and aren't people going to respond? People respond to changing c
by igravious 8y ago
> It probably won't. The reason is climate change.
Climate change is going to cause hardship, and aren't people going to respond? People respond to changing conditions all the time. In responding to change won't that cause economic activity? Where I live there are many flood relief schemes that have an overall budget in the 100s of millions. Multiply that by all the schemes needed the world over and you have a lot of economic activity.
I know this is very close to the broken window fallacy but assuming that climate is a gradual process and not a cataclysmic one (and there's no evidence that it is) then mere capital will be deployed or destroyed and deployed. Humans can rebuild their capital. Sure, if it wasn't for climate change that capital would have been invested elsewhere but we're not talking about all capital everywhere. I think it extremely unlikely that the effects of climate change will put the breaks on human progress. However I do think it very possible that climate alarmists might cause policies to be put into place that would put the breaks on human progress.
It'd be nice if we could come back here in a generation, in 2050 say, and see what the near-term outcomes were.