this post was submitted on 14 Jun 2023
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Musings and discussion surrounding the end of human civilization
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Losing 3 billion people would destroy the global economy. Capitalist economy needs constant growth to survive.
Interesting. I wonder if there are any economic models that recognize that infinite growth can not be achieved when resources are finite.
I seem to remember reading a blog post from a physicist about this. He was talking to an economist who though growth would continue forever, but then he pointed out current levels of energy consumption growth would take only a few centuries to get to the point of cooking the Earth just with waste heat.
May not even require economics. Space in Earth is finite and each human requires more space not just to live but for food, products, schooling, hospitals, government offices, restaurants, etc.