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Economic growth does not need to be extractive, nor is it zero sum. A vaccine is worth more than the sum of its parts. So is a bridge. We can achieve economic
by JauntTrooper 4y ago
Economic growth does not need to be extractive, nor is it zero sum. A vaccine is worth more than the sum of its parts. So is a bridge.
We can achieve economic growth through productivity growth, increasing outputs without increasing inputs through design and efficiency gains.
The economic growth we've experienced over the past 250 years has been an extraordinarily positive development in human history. We are experiencing serious consequences from this growth most notably climate change and the extinction crisis. We should absolutely consider the ecological costs of economic growth and work to minimize them. However we should try to fix these without dismissing the engine of economic growth that's lifted humanity out of the miserly wretched existence we experienced through most of human history.