An economic system based on perpetual growth can never reach a steady state, unless you believe that physical goods can become an arbitrarily small portion of the economy.
An economic system based on perpetual growth can never reach a steady state, unless you believe that physical goods can become an arbitrarily small portion of the economy.
That's an absurd argument, though. The problem we have right here, right now, is capitalism destroying the habitability of our planet because its hunger for resources must always grow, so it's unable to handle the problem of fossil fuel use, or stop depleting soil, etc.
You're arguing against jumping out of the way of a moving train because we're not immortal.
Yes, exactly! Talking about infinite growth or infinite existence is really stupid and that’s my point!
But let's grant "both systems eventually run out of resources" for the sake of argument. The rate at which that happens then becomes clearly relevant, and if staying alive is good (I hope we can at least agree on that), using resources slower is better. Capitalism is depleting resources on a human timescale (as, again, we are currently experiencing with climate change), so instead depleting them on longer-than-human timescales is clearly the better option.
> But let's grant "both systems eventually run out of resources" for the sake of argument. The rate at which that happens then becomes clearly relevant, and if staying alive is good (I hope we can at least agree on that), using resources slower is better. Capitalism is depleting resources on a human timescale (as, again, we are currently experiencing with climate change), so instead depleting them on longer-than-human timescales is clearly the better option.
But you were talking about INFINITE growth, not exponential and those are two completely different things! Exponential growth will become infinite only if you have infinite time frame! So can we agree than "infinite growth is impossible on a planet with finite resources" is really dumb argument, because capitalism does not require infinite growth at all? Then we'll be able to move on to exponential growth.