Quote:
Originally Posted by tw
That is the obvious solution when assuming economies are open loop. But reality is closed loop.
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That's what the Club of Rome thought, and Dr. Paul Ehrlich as well. Their modeling was consequently wholly inadequate, particularly in regard to India, which they predicted would be a depopulated desert solely due to population pressure followed by a population crash basically from economics. You could reread
The Population Bomb to check their assertions.
But the economy and the population seem both to be not closed, but open. Neither is zero-sum. Assuming an economy is zero-sum, which looks to be the rest of your argument, is what causes socialism and all the concomitant syndromes and flawed thought flowing from it. It's pretty bad when flawed thought's effects are lethal to the tune of 167.5 million souls dead untimely or by violence, isn't it?
Now if you reject socialist and zero-summed ideas, you do much better, yours do much better, and it naturally follows therefore that everyone does much better. Nothing seems to stop the creating of real wealth -- so there's damned little point to devoting general society-wide effort to organizing scarcity. You
do need the breadth of vision and lack of obsessions to see that, though. You can get there by reading if you
are'nt obsessed.
