Sometimes I see these conclusions and I wonder what we’re doing at these research centers because this seemed obvious to be when I was still a teenager.
We are not more wealthy, because the earth has the same resources it had before. We didn’t move to a bigger planet that can now easily feed everyone. If you can extract resources cheaper and faster, it doesn’t mean you have more resources it just means you will hit the limits faster.
What we have done is map those resources to some global ledger and then applied a multiplier to it and moved around who owns most of it. So now you have a class of humans that are fewer and own more of the same amount of resources and use the multiplier to claim we now have more so don’t complain because look at this awesome hockey stick line.
There are other options like if a cow in the village takes 1 year to produce a calf and the village puts pressure on the farmer to increase calf production rate, farmer dutifully steals calfs or cows from all the neighboring villages. So some one has to tell him to chill cause the plan has changed no other villages left etc.
Small Is Beautiful: A Study of Economics As If People Mattered
is a collection of essays published in 1973 by German-born British economist E. F. Schumacher. The title "Small Is Beautiful" came from a principle espoused by Schumacher's teacher Leopold Kohr[1] (1909–1994) advancing small, appropriate technologies, policies, and polities as a superior alternative to the mainstream ethos of "bigger is better".
We are not more wealthy, because the earth has the same resources it had before. We didn’t move to a bigger planet that can now easily feed everyone. If you can extract resources cheaper and faster, it doesn’t mean you have more resources it just means you will hit the limits faster.
What we have done is map those resources to some global ledger and then applied a multiplier to it and moved around who owns most of it. So now you have a class of humans that are fewer and own more of the same amount of resources and use the multiplier to claim we now have more so don’t complain because look at this awesome hockey stick line.
What are these people doing at these labs?
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