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by throw5959 529 days ago
Everybody cares about growth. The world will end the minute we finally stop growing. The entire economic system and society will unravel
2 comments

I don't care about growth, nor do most people I know. We don't need to endlessly consume to be happy. The world won't end when this economic system unravels either, it's not the first and it won't be the last one to fail.
Lol, you have no idea what you're talking about. I lived through the collapse of the Soviet Union. You don't want to live like that.
It was massive turmoil for sure, but world didn’t end (I’m referencing your earlier comment, not downplaying the devastating fall). How would continual growth work? We will run out of everything.
Continual growth is possible in at least two ways:

1) standard sigmoids, which never stop growing yet are also finite

2) standard ecological growth, where growth is never ending but so is death. This is much more typical of systems like capitalism than sigmoids growth. New upstarts experience exponential growth for a whole, then peak, and then die.

Of course be careful of mentioning these standard scientific observations around those in the degrowth cult, as the cognitive dissonance may cause an unpleasant explosion.

We are not limited to Earth.
What planet are you on?

Yes we are.

Do recessions unravel the economic system? Is the UK ready to collapse as a system after an extended period of stagnation?

I guess it depends on your precise definition of "growth" but I am having trouble finding one that can fit with your assertions.

Recessions are slowdowns of growth.
Recessions are consecutive quarters of negative growth. https://en.m.wikipedia.org/wiki/Recession