Re: The joy of actual numbers, was Democracy

On 29/10/2024 15:18, Scott Lurndal wrote:

Which attempts fundmentally can be attributed to modern capitalist
theory that requires constant growth.   Without new consumers,
how can the economy expand?
 Is it time for a steady-state economy?
 

The problem is that most modern economies have a social care and debt Ponzi scheme, that relies on more people earning more money to pay for it.
Stop the new people and the scheme collapses.

https://steadystate.org/discover/definition-of-steady-state-economy/

Well it will have to come eventually, but the transition will be painful
--
"It was a lot more fun being 20 in the 70's that it is being 70 in the 20's"
Joew Walsh