Register | Sign In


Understanding through Discussion


EvC Forum active members: 65 (9162 total)
3 online now:
Newest Member: popoi
Post Volume: Total: 915,806 Year: 3,063/9,624 Month: 908/1,588 Week: 91/223 Day: 2/17 Hour: 0/0


Thread  Details

Email This Thread
Newer Topic | Older Topic
  
Author Topic:   The economy needs a 3% GDP growth to function well
Dr Jack
Member
Posts: 3514
From: Immigrant in the land of Deutsch
Joined: 07-14-2003
Member Rating: 8.7


Message 23 of 50 (825671)
12-17-2017 7:40 AM
Reply to: Message 5 by frako
06-25-2017 12:21 PM


Unlimited growth on a limited planet is impossible.
This is simply untrue. Growth needn't be driven by consuming more resources; it is also driven by innovation and creativity. In fact, most growth over the last seventy years (at least) has been produced not by consumption of more resources but by rapid improvements in technology and the creation of new ideas.
And, even if it were true, it is only relevant if those limits are hit within a timescale relevant to current decision makers. A limit to growth that applies a thousand years in the future is of no consequence.
An economy without growth isn't stable; it is stagnant.
Edited by Dr Jack, : Forgot a point.

This message is a reply to:
 Message 5 by frako, posted 06-25-2017 12:21 PM frako has not replied

  
Newer Topic | Older Topic
Jump to:


Copyright 2001-2023 by EvC Forum, All Rights Reserved

™ Version 4.2
Innovative software from Qwixotic © 2024