uk econmy

[Scythe13]

(6 December 2012, 11:23)Tartar Horde Wrote: Continued economic growth, that much loved phrase often used by politicians and economists is a physical and mathematical impossibility. Continuous growth needs an infinate source of material and this is impossible in an finate system (the Earth). Using this model to fuel our political and economic philosophy is suicidal in the long run to our species. The cyclical Boom and Bust events are a direct result of using this flawed economic model.

Continued, as in 'not for 1 month'.

I totally agree that a finite world cannot hold any growth ad-infinitum. That's not what I meant. I should have explained it better. My bad.

A few years of regular growth, would have been a better way to explain what I meant.

The boom and bust is a typical thing that we will always have. But there is a middle ground that we will never reach, which is a flaw of human nature. We always want more. That desire for more is what causes the boom. Then our inability to sustain that ever increasing desire is what fuels the bust. Communism would be a solution to the boom and busy system. But that's only because it would be a constant bust, without the boom haha.