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> "Two pillars of our economic system - scarcity and endless growth" Clearly "endless" is not possible, that's like saying "give me infinite apples" ... Most p
by maerF0x0 13y ago
> "Two pillars of our economic system - scarcity and endless growth"
Clearly "endless" is not possible, that's like saying "give me infinite apples" ... Most people aren't concerned with endless, but with "practically endless"
The limits of endless growth come from physical limits, which we're no where close to hitting. Expansion across the universe could give us something on the order of 10^29 times expansion (universe ~10^53kg, Earth ~10^24 kg)... In my human scale that's practically "endless".
Also, digital goods consumption have nearly no marginal physical cost, so they can expand without much change in the physical consumption.