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by RainFlutter
5514 days ago
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"Raw resources are no longer the main basis for our economy" It's fashionable to talk about information- and service-based economies, but that's not evolving beyond raw resources; it's merely taking them for granted. We consume ridiculous amounts of raw resources. Just look at what happens every time the price of oil rises. |
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In the past, raw materials were the majority of the economy, and this meant they were worth fighting over. Nowadays raw materials worth very little compared to things like having good infrastructure, an educated workforce, etc.