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>I want a financial person to explain to me why we continue to expect exponential growth of companies’ revenue year after year, and why that makes any logical s
by ramesh31 2y ago
>I want a financial person to explain to me why we continue to expect exponential growth of companies’ revenue year after year, and why that makes any logical sense in a world with finite resources.
Because entropy. When a living organism stops its exponential cell division, we call that death. In an economy, when things cease to grow, we call it recession. When that growth is in balance with the decay, we call it a healthy economy. When it outstrips it, we call that inflation, which the monetary system is designed to fight against.
- AnimalMuppet 2y agoAdult living organisms don't have exponential cell division. When they do, we call that cancer.
- ramesh31 2y ago>Adult living organisms don't have exponential cell division. Sure they do. Your cells are dying and being replaced constantly. Cancer is just when the instructions for said division get messed up, i.e. runaway inflation in this analogy.
- AnimalMuppet 2y agoI think you missed the word "exponential". Adult living things don't have exponential cell division. If they did, they would continue to grow in size. But they don't. They have cell division at a constant rate, not an exponential rate.
- grugagag 2y agoSpot On, modern economy resembles cancer too.