Re: The economy cannot keep growing forever, you know ?
As it grows it just becomes more and more complex and unequal, until a reset is unavoidable, then it can start growing again.
Sorry, but that is nought but ignorance. There is nothing, absolutely nothing, to stop the economy growing in perpituity.
Someone on minimum wage today would be rich beyond the dreams of avarice compared to someone living just a few hundred years ago. Central heating, indooor plumbing (plumbing at all!), carpets, wall paper, affordable fruit or veg or meat, education opporunties, health care the like of which would have appeared as magic, rapid transport (ok, not very fast, but a bus will beat a horse to 100 miles).....
That, all of it, has come about by economic expansion. Low income people 200 years from now will look back at todays wealthy, and have opportunities available to them todays people could not buy.
10 raspberry pi's have the compute power of a 70s mainframe. Todays Ford Fiesta can have more power than the 80s Ferrari. Wealth is a by product of digging stuff out of the ground, and of innovation. We're not running out of innovation and we have most of what we dug available to us (recycling, gold doesn't stop existing etc etc). We have more economically extractable oil available today than at any time in history. And lets face it, Elon Musk alone is well on the way to ending the oil age.
Inequality is inevitable because nature is not equal. How do you propose to equalise intelligence? Or strength? Or beauty? Or charisma? Or health? Or age? How will you equalise motivation and application of self? Without equalising those things first, you could devide the wealth up equally amongst us all, and 12 months from now we would again have rich and poor people. All of the rich may not again be rich, but most of the poor will again be poor.
Biting the hand that feeds IT
