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> You might argue that productivity gains will stop at some point, but then you need to provide arguments for that, not take as a given that there is a limit.
by orwin 6y ago
> You might argue that productivity gains will stop at some point, but then you need to provide arguments for that, not take as a given that there is a limit.
I have one. Productivity gains are mostly granted by energy (AKA bigger machines). W/capita is imo a better approximation to a nation wealth than GPD/capita in socialist countries, but even in the us you can see the strong correlation.
80% of this energy come from fossil fuel, coal and gaz make 60% of world electricity (probably more), and oil for movement. This is the limit to growth.
- orwin 6y agohttps://theshiftproject.org/en/article/eu-oil-depletion-2030-study/ https://theshiftproject.org/en/article/eu-oil-depletion-2030... based on Rystad Energy study if you want to check the numbers.