Submitted by itsonlyeva t3_10lh5m5 in technology
Tearakan t1_j61g14l wrote
Reply to comment by econ101user in IBM Cuts 3,900 Jobs In Latest Tech Layoffs by itsonlyeva
By overall GDP we are. I only went into GDP per capita when discussing actual effects on the population.
My argument about climate change is we can't keep global capitalism which is defined by endless economic growth. That's incompatible with actually surviving climate change.
Endless economic growth requires either energy increasing endlessly or increasing efficiency.
We literally cannot get to 100 percent efficiency thanks to thermodynamics.
And endlessly demanding more energy will just lead us back to climate change and resource depletion on this planet.
Finally, healthcare and life expectancy are two very important parts of a good human life. You can't just throw them away from the whole "people are getting better due to increasing GDP" argument.
econ101user t1_j61ixnx wrote
> By overall GDP we are.
Why on gods green earth would you think that mattered?
> My argument about climate change is we can't keep global capitalism which is defined by endless economic growth.
So this is just all blather. Capitalism isn't defined by endless growth. Go find a book that defines it as such. Seriously stop talking and go find a book, open it and read it.
>That's incompatible with actually surviving climate change
Why?
> Endless economic growth requires either energy increasing endlessly or increasing efficiency. We literally cannot get to 100 percent efficiency thanks to thermodynamics.
Hahahahahahahahaha.
So let me get this straight. Your argument is that based on your made up definition that capitalism requires infinite growth, that will require infinite energy which violates the laws of thermodynamics ergo capitalism is causing climate change.
Be honest with me: are you a teenager? You need to stop. You're just saying dumber and dumber shit.
> Finally, healthcare and life expectancy are two very important parts of a good human life. You can't just throw them away from the whole "people are getting better due to increasing GDP" argument.
I didn't throw them away. Theyre in the HDI. I just didn't cherry pick like you did.
I'm going to make this straight for you: economic growth is not a bad thing. It's strongly correlated with human living conditions. A growing economy is not one that is incompatible with policies that mitigate the growth and impacts of climate change. Or in crayon: more money in the system is better for everyone, you should try to make it more fair but overall it's a good thing. You can make money off non-carbon producing activities. The technology exists today to meet the overwhelm majority of energy needs currently provided by fossil fuels. It is a policy problem, not an economic one.
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