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> the countries which have had the least economic growth, and try to say with a straight face that economic growth doesn't make a difference. There is a differ
by FollowingTheDao 3y ago
> the countries which have had the least economic growth, and try to say with a straight face that economic growth doesn't make a difference.
There is a difference between economic growth and strangling a county into poverty with sanctions (North Korea) or economic imperialism (Africa and the IMF). That is not economic stabilization.
> Obviously in the second one your standard of living is going to be worse, and as a society that's what it likes when the ratio of working to non-working people decreases.
You are confusing economic growth with economic stabilization. I am for the latter. The need for economic growth is based ion the need for a profit.