Reply to post: Indefinite Growth is a Ponzi Scheme

Microsoft in 2015: Mobile disasters, Windows 10 and heads in the clouds


Indefinite Growth is a Ponzi Scheme

It's not just the investment industry. Economists, too, keep braying about how important growth is. Growth in everything. Growth in population. Growth in revenue. Growth forever and ever is nothing more than a very big Ponzi scheme. Except that in the original Ponzi schemes, people lose only money. In the growth Ponzi scheme, people lose lives whenever the finite limits of some resource are reached, whether that resource is water, oil, food, electricity, or some other widely consumed commodity.

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