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April 8th, 2018, 05:13 PM | #4311 | |
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April 8th, 2018, 06:19 PM | #4312 |
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April 8th, 2018, 07:39 PM | #4313 |
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Human nature is selfish and greedy. If the population stayed the same, we would still consume more resources.
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April 8th, 2018, 08:27 PM | #4314 |
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April 8th, 2018, 09:08 PM | #4315 |
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April 10th, 2018, 06:34 PM | #4316 | |
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There are two types of growth. The first is similar to your supposition in that we use more resources to churn out more goods for more people. As you implied, this can't last forever - either we run out of resources or we run out of consumers. The second type of growth relies on the creation of efficiency as the ultimate value proposition. The goal is to use the same or fewer resources to produce the same or greater value. Here is an example. The iPhone conceivably uses the fewer, the same, or more resources than the typical phone. However, the value provided in terms of efficiency is exponential. Before, to surf the internet, I would have to go sit at a desk and use my computer. To bank, I would have to stop at a branch. To shop I would have to go to a store. With each task, I give up the opportunity to do something else (work or leisure). But with an iPhone, I can do all these tasks while not sacrificing that potential opportunity. The iPhone has made me more efficient. As long as capitalism strives towards more efficiency, growth can continue. The limits of "efficient" capitalism are not yet known. On a related note, you might wish to research "Norman Borlaug". During the 50s, 60s and 70s, it was believed that the world population would exceed the available food supply. Mr. Borlaug, and agronomist, eventually developed dwarf wheat which could be grown in greater amounts and led to a revolution in agriculture. Simply put, technology constantly extends the sustainability of resources. |
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April 10th, 2018, 06:58 PM | #4317 |
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NHL Playoffs coming.
So, according to you, which team will win the Stanley Cup this year? |
April 10th, 2018, 09:10 PM | #4318 | |
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April 11th, 2018, 04:11 AM | #4319 | |
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The amount of CERT alerts I get in one week regarding software security flaws and exploits sometimes should be enough to make anyone who uses these devices or computers for online backing, etc to think twice... and these are the "known" flaws
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April 11th, 2018, 08:08 PM | #4320 | |
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