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If we make it for long enough we will face a time when growth based economics fail. The funny thing is that if you think quality of life is related to GDP per c
by hyperion2010 12y ago
If we make it for long enough we will face a time when growth based economics fail. The funny thing is that if you think quality of life is related to GDP per capita then one way to improve quality of life is to allow GDP to stagnate while you decrease the population.
We desperately need to find alternatives to US style consumer economies because they are simply unsustainable and don't really lead to happiness or fulfilment. It amuses me that this article seems to suggest that it is not technological innovations that may save Japan but their longstanding cultural habits and priorities.