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It's a fallacy to suggest that economic growth is finite, because human invention isn't a finite resource.
by peepeepoopoo5 3y ago
It's a fallacy to suggest that economic growth is finite, because human invention isn't a finite resource.
- Syonyk 3y agoHuman invention isn't, but energy certainly is, and the correlation between "economic growth" and "energy use per capita" is very, very strong. At least some of the "degrowth" has been a result of "financialization services," or the fine art of playing investor games enough times that you end up believing you're immune to things like, say, the 2008 housing crash. But we clearly disagree on this matter, and I don't see a point in continuing to go around on it. Time will tell which of us happens to be closer to correct.
- ChatGTP 3y agoHuman invention can also have its problems too. While it might not be finite, the risks can be infinite. For example Nuclear energy and weapons, bio-engineering, AI, genetic modification, fossil fuel based power generation, factory farming and more. I’d argue they nearly all the technologies on that list are economically driven, or have a an economically driven component. This is dangerous because it means someone will invent potentially harmful shit to keep riding the wave of economics.