As you quoted (skeptically): The concept of endless growth is a key ideological component of capitalism.
What people (shareholders) want is more. Next quarter's profit ought to be more than last quarter's profit, forever. Why? Because more is better. More is the be all, end all. More, more, more.
"Productivity increases" cannot keep this going... forever.
What people (shareholders) want is more. Next quarter's profit ought to be more than last quarter's profit, forever. Why? Because more is better. More is the be all, end all. More, more, more.
"Productivity increases" cannot keep this going... forever.