
Saved by kev
To Infinity and Beyond
Saved by kev
THE MODERN ECONOMY GROWS THANKS to our trust in the future and to the willingness of capitalists to reinvest their profits in production. Yet that does not suffice. Economic growth also requires energy and raw materials, and these are finite. When and if they run out, the entire system will collapse.
business is an infinite game, which means the series of short terms never ends. Indeed, leaping from goal to goal can be fun for a while, but if that’s all there is, over time the thrill of each achievement becomes less, well, thrilling.
Human creativity and productivity are the basis of economies. Since it is assumed there are no limits to our imagination, economists believe endless growth is possible, and is the very definition of success and progress. Following the Great Depression of the 1930s, the Second World War provided the stimulus for global economic recovery. The transit
... See more