Bozo Erectus
Master Baker
- Joined
- Jan 22, 2003
- Messages
- 22,389
Some very basic economics questions Ive been wanting to ask our local economists here. My knowledge of economics is pretty limited, so excuse me if these are especially dumb questions.
As far as I can tell, the global economic model is based on perpetual growth.
1. Why is that?
2. Why is it desirable?
3. Is endless economic growth even sustainable in the long term? Wouldnt it ultimately hit a wall, like finite resources, finite arable land, sustainable population, waste, pollution, and all of that?
4. Is the perpetual growth model responsible for most of the problems facing the world today?
edit:
5. Or is it the solution to most of the problems facing the world today?
As far as I can tell, the global economic model is based on perpetual growth.
1. Why is that?
2. Why is it desirable?
3. Is endless economic growth even sustainable in the long term? Wouldnt it ultimately hit a wall, like finite resources, finite arable land, sustainable population, waste, pollution, and all of that?
4. Is the perpetual growth model responsible for most of the problems facing the world today?
edit:
5. Or is it the solution to most of the problems facing the world today?