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Resource intensity of gdp in developed economies has been decreasing over time. That’s because wealth is not a zero sum game that necessarily requires an exteri
by simple-thoughts 3y ago
Resource intensity of gdp in developed economies has been decreasing over time. That’s because wealth is not a zero sum game that necessarily requires an exterior to take the negative side of the equation. Rather wealth is created when better options are made available- when actors within the system have superior choices to what they had before. That’s why you see some entertainment media produce outsize returns while others end up failing; it’s not a matter of how much resources are consumed but rather how they’re put together to make a better story (better from the consumer perspective versus their alternatives).
- jacquesm 3y agoThat's true but it's a quantitative element that won't make a qualitative difference in the long run, in other words the outcome will be exactly the same, but maybe a bit later.