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In principle I like the idea, but : - the System (corporations / politicians) will never allow it - we're on a planet with limited resources and all economic
by jmnicolas 11y ago
In principle I like the idea, but :
- the System (corporations / politicians) will never allow it
- we're on a planet with limited resources and all economic theories fail to acknowledge that
- bayesianhorse 11y agoI'd say that simple understandings of economic theories fail to acknowledge limited physical resources. But most "theories" I know don't even talk about limited physical resources. Economic growth is about "value", not necessarily "consumption of physical resources".
- zxyzzxxx 11y agoThe planet offers basically unlimited resources. Assuming the population stops growing, as it is predicted, and settles at some reasonable number, then only limit is the expiration date of the sun.
- jmnicolas 11y agoI read somewhere that the max number of sustainable human pop on earth is around one billion ... And unlimited resources, you have to be ready to wait about 500 millions years to get oil to renew !
- conanbatt 11y agoThe basis of economics is to study unlimited needs with limited resources, so all economic theories take that into account.