3 ms·
Essentially infinite economic growth is possible. Thought experiment: let's suppose we have a stable population that produces & consumes two things: food & TV
by bryanlarsen 2y ago
Essentially infinite economic growth is possible.
Thought experiment: let's suppose we have a stable population that produces & consumes two things: food & TV shows. The food is sustainably produced so it doesn't contribute to economic growth or decline.
But the TV shows cumulate. Therefore generation X+1 is richer than generation X since it has access to more TV shows.
And "TV shows" in this thought experiment can be physical objects too. An iPhone 12 is more valuable than an iPhone 11 despite being smaller and using less resources to create.
Of course we're a long way from sustainable infinite growth. But it is possible.