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Notice that in neoclassical economics, value grows because satisfaction of the agents grows and nothing else. Therefore growth can be infinite as long as someon
by wazoox 7y ago
Notice that in neoclassical economics, value grows because satisfaction of the agents grows and nothing else. Therefore growth can be infinite as long as someone could grow infinitely happy with whatever they get out of economic activities. This implies some form of utilitarianism. This also strikes as complete, unreal fantasy. Hmmm.