I don’t think so. Debt it fundamentally a human construct, while growth is, mostly, a manifestation of physical reality. Debt is simply used to guide human coll

I don’t think so. Debt it fundamentally a human construct, while growth is, mostly, a manifestation of physical reality. Debt is simply used to guide human collective action. If we find this construct no longer works, we can at will change it and use something else to guide collective action. We currently use debt because, in conjunction with other property rights (such as those enabling market economy), it seems to align everyone’s incentives in a way that is beneficial (eg when people tried central planning it was much worse). The benefit of debt is that it helps collective action whose benefits are reaped in the future while stratifying risk/benefit (vs just equity investment).