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We can still have growth but the growth that matters most, growth per capita. Fewer people but who can be better off individually than we are now.
by mytailorisrich 3y ago
We can still have growth but the growth that matters most, growth per capita. Fewer people but who can be better off individually than we are now.
- quantified 3y agoGrowth per capita has some headroom worldwide, but in developed economies is progressively harder to find. Getting to a stable state that requires no growth except managing inevitable fluctuations would be best. We need a game-theoretic model of what such an economy would look like and some levers to arrive at it.
- mytailorisrich 3y agoOne thing in developed countries is that instead on focusing on increasing productivity we're importing cheap labour through immigration.
- kalleboo 3y agoAnd automation is still seen as a bad thing by most laypeople