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If I was arguing for anything it was better argument! I think what I am looking for is not an explanation how technology results in growth, and how this gets m
by lsd5you 12y ago
If I was arguing for anything it was better argument!
I think what I am looking for is not an explanation how technology results in growth, and how this gets measured, but rather acknowledgement of ways in which this is not the case. Especially in the marginal sense when discussing growth in the context of various policies e.g. interest rates.
Still you are right in the sense that I am to an extent a growth skeptic. Off the top of my head, nominal growth can also be achieved through
- population growth
- increase in unsustainable resource extraction
- destructive activity (war ...etc.)
To address your other point, if people shared technology better, or upgraded every other cycle would they be significantly worse off?
There are many other ways to improve our well being that are in part impeded by pursuit of growth.