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Maybe it depends on what is growing? Any helpful new technology, including medicine, is growth. Any advancement of human knowledge is growth. Any durable impro
by chmod600 4y ago
Maybe it depends on what is growing?
Any helpful new technology, including medicine, is growth. Any advancement of human knowledge is growth. Any durable improvements (pyramids, bridges) are growth. Cultural advancements (art, politics, religion) are growth.
Many of these things are imperfectly represented in GDP growth. GDP also has many other known problems, like calling growth in consumption "growth" without really having a way to determine if it's really a good thing or not.
But we don't want to go to a zero-growth economy where we are just comfortably existing without passing anything to the next generation.