Hacker News new | ask | show | jobs
by thisiscorrect 2087 days ago
The (completely reasonable) alternative is to avoid a system that only works when there's permanent exponential growth in a finite world.

On top of that, growing GDP is different from improving average quality of life. If GDP goes up 10% by growing the population 20% through mass immigration, it's plausible quality of life will go down in aggregate. Why is GDP growth the right metric?

1 comments

I'm with you. Unfortunately, unless we change they system around so it doesn't have to grow forever, the weakest are the ones that get screwed as the economy shrinks.

You can't have it both ways, unfettered capitalism with continued growth and negative population growth.

GDP is not the right metric to show increase of quality of life, but it is a quick metric to show economic expansion and contraction.

There's a much broader conversation about how we want out system to work.