A simple thought experiment is enough to show how absurd the infinite growth of a service economy is: People would be paying each other for ever more trivial “services” at an ever increasing rate, until the economy resembles a monopoly game on steroids.
Related Posts
The real truth of infinite growth
Extinguish everyone that is not us, everything that is not human, let every organism go extinct, with the exception of us, homo sapiens, let the mammals die, the reptiles, the bees, the plankton - never mind our primitive ancestors once were dependent on them for their survival. We won't be. We will have machines ...
infinite responsibility
To block the thought of our finite existence and the fear of death, we've invented the idea of infinite growth and progress, and materialized it as the celebration of greed (amassing wealth as a purpose in itself). What if we take a step back and pretend we have infinite responsibility for the planet, for future ...
Infinite gross, revisited
We hold this truth to be self-evident, that we cannot grow the material economy indefinitely on a finite planet.* Such growth however, is exactly what is needed to keep the economic system from falling apart, as many studies have shown.**What about the "service economy"? Could it be the solution to grow an economy indefinitely? Of ...