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Yeah, I think the focus on economic growth as some magic thing is BS. What matters is making people happy. Of course that requires a certain material standard:
by socialdemocrat 4y ago
Yeah, I think the focus on economic growth as some magic thing is BS. What matters is making people happy. Of course that requires a certain material standard: decent size house, car, food, health care etc. But it doesn’t have to mean having the latest iPhone of biggest new flat screen every year.
I think it makes more sense to figure out what sorts of services needs to be grown to achieve the goal of society in terms of happiness and well being.
A lot of growth is kind of fake. It doesn’t really improve anything other than on paper.
- imtringued 4y agoThe cheap techno gadget problem of economics has been solved. Nowadays people only care about land, housing and energy.