this post was submitted on 11 Sep 2023
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The issue is it’s only bad for profits in the mid and long term and mostly for those who aren’t the ones making the decisions. If your profit maximizing in the short run which is what capitalism drives you to do that math isn’t going to change until it’s much too late.
Absolutely. Plus, the economic model of continuous growth is incredibly wasteful but we are addicted to it and have no tested, working alternatives. Thinking loudly about shrinking economy, population and wealth is the best way to push conservative polititians into power. (I'm talking ideology here, not a particular party in whatever your homecountry is). Building a sustainable economy based on earth's output will be a painful endeavour, I don't think current everyday politics is up for a change that massive. Maybe AI will give us the theory we need?