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>Everyone seems to think I am making a statement about GDP or economic systems when I say infinite growth but I am just speaking in broad strokes about human ac
by sleepysysadmin 5y ago
>Everyone seems to think I am making a statement about GDP or economic systems when I say infinite growth but I am just speaking in broad strokes about human activity.
The saying you said is specifically about economic and GDP. Fair enough though if you didn't mean it.
>apitalism may be the only viable model for a world with serious scarcity, as I expect ours is to become in the mid to near term.
This is a pretty depthy subject. The failure of communism in 1989 has left many people, most of which who haven't lived under communism, to be quite upset. Many of these folks are now proposing some mixed system. This will ultimately fail as well. Capitalism is just the system in which works the best even despite its many drawbacks.
I think fundamentally when the gold standard was dropped. What everyone is yearning for is https://en.wikipedia.org/wiki/Social_credit https://en.wikipedia.org/wiki/Social_credit It's a right-wing economic system but I bet with a ton of work we could make it work. The left wing often call this UBI.
>When adjusted for externalities, there's a possibility that GDP per capita in the OECD has been negative for multiple decades.
Debt adjust it as well and I bet it's in some serious trouble in many countries. Such is the debt cycle. Which is what social credit is designed around. Debt = money. It inherently is going to be managed in social credit.