Dave Pollard: The perpetual growth machine
Read: Dave Pollard: The perpetual growth machine
Juicy Quote: āThis is a bit of a Straw Man thought experiment. It suggests that economic collapse might only occur when we can no longer keep generating more and more cheap energy, rather than when we realize that the current global mountain of debts can never be repaid, or that profits cannot possibly increase forever. It is probably a deeply flawed argument, and Iād love to hear what economists think about it.ā