3 ms·
>Number cannot always go up. We are at the top of the carbon pulse. Financialization has taken us far from the material baseline of the rock we are flying throu
by gruez 2mo ago
>Number cannot always go up. We are at the top of the carbon pulse. Financialization has taken us far from the material baseline of the rock we are flying through space on. Debt will only get us so far.
Why can't it? GDP per capita has been steadily marching up since the dawn of industrialization. You mention carbon but most developed countries have decoupled carbon emissions from their economic growth.
https://ourworldindata.org/co2-gdp-decoupling https://ourworldindata.org/co2-gdp-decoupling
- bobson381 2mo agohttps://en.wikipedia.org/wiki/The_Limits_to_Growth https://en.wikipedia.org/wiki/The_Limits_to_Growth is why. The financial economy sits on a finite store of physical goods, and as a dissipative structure, our high-energy, high-complexity global society acts as a low-friction conduit from stored past energy to high-entropy degraded heat. Number go up until we cannibalize the foundations.