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Comment by barrkel

So linear growth starves the economic beast, and would force us to abandon our current debt-based financial system of interest and loans.

Debt, interest and loans are not dependent on economic growth. Debt is fundamentally about reducing the latency between consumption and production; rather than having to wait until after you've produced something of value, you can consume some of that future production today, in exchange for promising to divert some of that future production. There's nothing here that requires the whole pie to keep on growing.

parent barrkel 11 years ago

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