5 ms·

Not for the economy

by eranimo 6y ago

Not for the economy

aylmao 6y ago
Guess it's time to re-structure the economy away from "who can consume and produce most".
- grugagag 6y ago
  It should be who can produce the most efficient and consume the most efficient. We should go back to building solidly and everlasting. The investment may be initially more expensive but the return will compound quickly and the benefits will make a difference. We’re wasting so many resources to stir this stupid economy and it always crashes.
grugagag 6y ago
Yes for the planet and yes for the human race too, overpopulation leads to all sort of problems The economy should adapt not the other way around
- kilroy_jones 6y ago
  Agreed, but no one seems to know how we decouple the economy from growth without hurting or angering a lot of people. Maybe we just tear off that bandaid quickly.
  - grugagag 6y ago
    The resources are there but they are misallocated and the few own most of them. When push come to shove it will become more and more obvious this is one of the problems. Until the we fight on stupid things
  - TOGoS 6y ago
    The number of people who would be adversely 'negatively' affected if we said "alright, we're taking control of this situation and not just going to blindly let you maximize your profits at the expense of the rest of the planet" is pretty small. A few millionaires and billionaires. The majority of us will adapt just fine.
michaelmrose 6y ago
This just means that the strategy of keeping most of the wealth with a tiny minority and expecting the middle class to bear the cost of supporting the old people in wholly separate existences and households paid for by the young isn't tenable. Some degree of distribution of wealth and multi generational households would render it tenable again.
koboll 6y ago
I dunno, looking at the fertility rates of rich countries vs. the performance of equities, it seems like increased productivity from computerization and automation is perfectly capable of offsetting much of the economic decline from a lower birthrate.
- nutjob2 6y ago
  You're not factoring in international trade. Countries are not closed systems.

Not for the economy

aylmao 6y ago

Guess it's time to re-structure the economy away from "who can consume and produce most".

grugagag 6y ago
It should be who can produce the most efficient and consume the most efficient. We should go back to building solidly and everlasting. The investment may be initially more expensive but the return will compound quickly and the benefits will make a difference. We’re wasting so many resources to stir this stupid economy and it always crashes.

grugagag 6y ago

Yes for the planet and yes for the human race too, overpopulation leads to all sort of problems The economy should adapt not the other way around

kilroy_jones 6y ago
Agreed, but no one seems to know how we decouple the economy from growth without hurting or angering a lot of people. Maybe we just tear off that bandaid quickly.
- grugagag 6y ago
  The resources are there but they are misallocated and the few own most of them. When push come to shove it will become more and more obvious this is one of the problems. Until the we fight on stupid things
- TOGoS 6y ago
  The number of people who would be adversely 'negatively' affected if we said "alright, we're taking control of this situation and not just going to blindly let you maximize your profits at the expense of the rest of the planet" is pretty small. A few millionaires and billionaires. The majority of us will adapt just fine.

michaelmrose 6y ago

This just means that the strategy of keeping most of the wealth with a tiny minority and expecting the middle class to bear the cost of supporting the old people in wholly separate existences and households paid for by the young isn't tenable. Some degree of distribution of wealth and multi generational households would render it tenable again.

koboll 6y ago

I dunno, looking at the fertility rates of rich countries vs. the performance of equities, it seems like increased productivity from computerization and automation is perfectly capable of offsetting much of the economic decline from a lower birthrate.

nutjob2 6y ago
You're not factoring in international trade. Countries are not closed systems.