The problem is that seeking growth at all costs allows the accumulation of economic and political power. The people in charge do not distinguish between personal success and a better world, and therefore see no difference between economic growth and a better world.
It also funds everyone’s retirement. People start revolting pretty quickly when they learn they get paid almost nothing and they have to rely on a magic money making machine in the stock market to live out their twilight years.
The problem is that seeking growth at all costs allows the accumulation of economic and political power. The people in charge do not distinguish between personal success and a better world, and therefore see no difference between economic growth and a better world.
Where they call plutocracy democracy and democracy is basically plutocracy
It also funds everyone’s retirement. People start revolting pretty quickly when they learn they get paid almost nothing and they have to rely on a magic money making machine in the stock market to live out their twilight years.
Sounds like a good argument for government pensions. Thank you, comrade!
Anything that allows people to retire and doesn’t require unsustainable GDP growth I’m happy with LOL.