What do you mean our economy no longer works?
What do you mean our economy no longer works?
Nobody goes there any more, it’s too crowded?
> At some point, someone has to put some reality back into the simulacrum because simulacrum does not feed your family
Aren’t poverty, famine, and food scarcity at record lows?
They were temporarily alleviated thanks to technological advances.
To me, the technological advances seem to be a product of the economic system. As long as the economic system can be sustained, then it is likely that human welfare will continue to improve.
I would recommend picking up First Principles of Islamic Economics by Al-Mawdudi.
Its nothing like hockeystick growth.
EDIT: I suppose if you overenthusiastically extrapolate from, like, just the last three data points the trade rather than budget deficit might distantly resemble that, but...