freediver wrote on Feb 1
st, 2022 at 3:42pm:
The only way to continuously lift (living standards) is with continuous economic growth. That's a no brainer that you don't need an economist for
.
The point is you DON'T need to increase population to lift living standards; and you DO need to contain population growth to escape absolute poverty.
Quote:But still, you are pushing a stupid strawman.
Read what I said, and read what you said in response. Do I really need to hold your hand on this?
Here is the exchange:
You: "Economic growth does not have to mean more resource consumption".
Me: "It does to mainstream flat-earth economic ideologues... as if Oz needs to continually grow its population to achieve rising living standards".
We need to distinguish between:
1.lifting living standards
2.increasing population
3.increasing resource consumption.
Quote:But there are plenty of resources that are in all practical respects, infinite.
You need to define which resources.....in any case the MMT revelation (in macroeconomics) is
resources not money is the real issue, since money is always created out of thin air.
But evil mainstream orthodoxy reserves the privilege of money creation to private bankers.
Quote:But still not giving up the free rids on intellectual property rights, right?
Wrong. In every field including chips, space technology, and AI, Biden and Trump before him have shut down access to US technology.
Quote: I was suggesting the opposite.
Either way a mad suggestion.
You keep trying to defend the indefensible, eg, the madness of "freedom of belief" and the "right" of individuals to believe whatever nonsense they want - as in India, regardless of the catastrophic consequences on social cohesion.