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> if you wait long enough, the economy will often grow beyond even stupidly famous disasters. The only essential axiom you need for this to be true is infinite
by PheonixPharts 5y ago
> if you wait long enough, the economy will often grow beyond even stupidly famous disasters.
The only essential axiom you need for this to be true is infinite growth on a finite planet.
Unfortunately it looks, from multiple perspectives, like we are hitting the limits of growth.
There's a reasonable argument to be made that the true bubble we're in is an "industrial civilization bubble". All of that growth you're seeing can be boiled down to expending vast amounts of non-renewable energy. As we approach the environmental limits of that behavior, the trend you've observed over the past 250 years might not hold true.
- SuoDuanDao 5y ago"They hated PheonixPharts because he told the truth" But while your point stands, there are some wrinkles when we're considering things on a human scale. We probably can have (for human purposes) infinite growth in PDF's, MP3s, apps and browser games... we just won't want to pay for them with the same currency that pays for scarce resources. And while exponential growth is impossible, there is more solar radiation hitting the planet every year and will be for a time span close enough to infinity for planning purposes. So steady growth might be possible indefinitely (again, for human purposes).
- sumedh 5y agoMaybe in 50 years we could be mining asteroids and getting all our energy from the sun which could allow growing without any limits for a long time.
- imtringued 5y agoYou have convinced me that hostile aliens exist. They won't hunt humans to extinction, no they will legally acquire the rights to earth so that they can maintain infinite economic growth.