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If a country's GDP falls consistently over time it invariably leads to a very bad time. I don't have a a problem with using government levers to internalize ex
by hcurtiss 6y ago
If a country's GDP falls consistently over time it invariably leads to a very bad time. I don't have a a problem with using government levers to internalize externalities, but if that were to actually cause GDP decline, the whole system breaks apart and mass death follows.
- elproxy 6y agoIn a productivist system that is... The issue is that the options we have on the table at this point are keeping such a system (possibly not keeping growth going anyway I may add) and we’re pretty much guaranteed mass death or coming up with some alternatives.
- hcurtiss 6y agoI'm not so pessimistic. I think we can say pretty confidently that Ehrlich was wrong. As was Malthus. Human ingenuity counts for something. And I don't understand how an economy works on anything other than a "productivity system."