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https://nbn-resolving.org/urn:nbn:de:0168-ssoar-76923-4
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Infinite Growth: A Curse or a Blessing?
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Abstract The article discusses the controversy over infinite growth. It analyzes the two dominant perspectives on economic growth and finds them based on a limited and subjective view of reality. An examination of the principal aspects of economic growth - economic activity, value, and value creation - helps... mehr
The article discusses the controversy over infinite growth. It analyzes the two dominant perspectives on economic growth and finds them based on a limited and subjective view of reality. An examination of the principal aspects of economic growth - economic activity, value, and value creation - helps to understand what fuels economic growth. The article also discusses the correlations between production, consumption, as well as resources and population dynamics. The article finds that infinite and exponential economic growth is essential for the survival (conservation) of our economy and civilization.... weniger
Thesaurusschlagwörter
Wirtschaftswachstum; Innovation; technische Entwicklung; Entropie; Wissensproduktion; Wertschöpfung; ökologische Folgen; Produktion; Konsum; Malthus, T.; Nachhaltigkeit; Volkswirtschaftstheorie
Klassifikation
Volkswirtschaftstheorie
Freie Schlagwörter
technological innovation; Solow; equilibration; production of disequilibrium; value creation; environmental degradation; "Malthusian Loop"
Sprache Dokument
Englisch
Publikationsjahr
2022
Seitenangabe
43 S.
Status
Preprint; nicht begutachtet