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by kortilla
2000 days ago
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GDP doesn’t mean growth. A country going through an economic contraction still has a massive GDP. There are no IMF policies that favor growth rates, just the raw GDP. > It's beyond silly to claim that capitalism doesn't require endless growth. Capitalism requires no such thing. It’s human reproduction and striving for better conditions that requires economic expansion. That doesn’t change under socialism/communism/whatever. Finally, GDP growth does not imply anything about carbon production. Some of the biggest growth sectors going forward are entirely about clean energy. |
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I know you've seen my book recommendation in the thread here; it's about the incentives behind growth, and how de-growth can work and still encourage human flourishing. Rather than just reacting negatively, why not look it up?