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>Earth only has finite resources Not quite true. For example, there may be finite amounts of, say, wood (at a given point...), but there may be infinitely thin
by ChrisLomont 7y ago
>Earth only has finite resources
Not quite true. For example, there may be finite amounts of, say, wood (at a given point...), but there may be infinitely things of increasing value possible to be made out of wood as tech and knowledge increases.
So finite inputs does not imply finite outputs. As long as value can be added, even to recycled things, then the overall value can increase without (necessary) bound.
We've seen over history ample evidence of increasing value possible from the same inputs. If/when some resources become scarce, making recycling of those resources important, we may conceivably reach the ability to recycle and increase value each round.
At least until the end of the universe :)
At any rate, no matter how you slice it, there is still vast room for economies to grow for the long term foreseeable future.
- lliamander 7y ago> At least until the end of the universe :) Which is the kicker. Whether it is Divine Judgement, Ragnarok, or Heat Death, there will be The End. We shouldn't get there prematurely, but I'd rather focus on making the journey worthwhile.
- ChrisLomont 7y ago>Which is the kicker. Yep, given that physicists estimate the universe at 10^10 years old, and most end of universe scenarios like the heat death occur at ages like 10^100 years, I don't think we should worry about that limiting current economics.