The reason I was more specific about explaining the concept of "growth" is that a lot of people assume when they hear "growth" that a capitalist system, by its nature, must consume more and more resources all the time. This does not need to be the case, and in fact, has not been.
Capitalism is the economic system that you get when individual rights are held as a primary. It is the economic consequence of a political philosophy, not the other way around.
If you "change" that paradigm, you are changing the other one as well.
Capitalism is the only system that can properly respond to scarcity of a resource without violating the rights of the individual. The key is the proper application of property rights. There are whole books on this subject, and I don't know if we can hash it all out here.
Current Events » in reply to Re: Empty / full
Re: Empty / full
The whole thread (73 posts)
- A site I like
- Taking one at a time...
- I love joke sites too. Thanks for the laughs. n/t (n/t)
- I suppose you would.
- thanks
- Re: thanks
- thanks again...
- The statement 'when all resources run out' is null
- Monetized resources are not a problem in a market economy
- Re: When resources run out
- I think you know the answer as well as the rest of us. (n/t) (n/t)
- Re: thanks
- Re: thanks