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> Fundamental argument is then about energy. Can we keep harnessing it infinitely? No. Even if we make energy efficient processes, Jevon’s paradox suggests we w
by cinquemb 7y ago
> Fundamental argument is then about energy. Can we keep harnessing it infinitely? No. Even if we make energy efficient processes, Jevon’s paradox suggests we will simply start using more energy.
The thing about infinity is that while it is a limit, it can always be approached based on ones understanding. And I would not state that our knowledge and application of energy collection/generation (and even energy itself) is fairly limited.
>The only way physical limits can be respected is by limiting the growth of economy and population. (Otherwise if we keep printing money without increase in production, it isn’t really economic growth)
I disagree (and debt monetization != printing money), naturally markets and systems will correct. They always have, even when people try to distort it and keep them from correcting.
- paraschopra 7y ago>naturally markets and systems will correct. Markets and systems obviously correct, but the key question is at what cost and to whom. Imagine for a moment that we find ourselves in a situation where energy is limited. Markets will correct themselves by making it expensive, but who'll suffer the most is the poor (while markets might have been reacting to overconsumption by the rich). Saying markets will correct themselves is like saying things sort out themselves. They do, but usually who takes a hit isn't fair and ethical (as was evident by 2008 crisis).