[highenergystar]

It seems that the current model of of the economy with inflation and growth targets is ripe for revision.

It has pernicious effects of causing 'growth for growth sake' including a vast infrastructure of wasteful spending - e.g. crop subsidies, fuel subsidies etc., millions of bullshit jobs[1] and an overall bias to create and foster consumption based economies.

That model was fine for a time of population expansion and little concern for co-ordination problems (e.g. environmental impacts, labor exploitation). In a time of rapidly slowing population growth (in developed and even many developing countries) and to avoid disruptions due to climate crises, the focus should be to improve the efficiency of the workforce, and direct that workforce to work on the several jobs that desperately need to be done - restore infrastructure, research and deploy efficient and clean technology and remediate (to the extent possible) the environment. If there is still productive capacity left over, it could be spent on reducing tail risk (e.g. viruses)

https://www.strike.coop/bullshit-jobs/