← Back to context

Comment by pjmlp

9 hours ago

Of course, the MBAs pushing for growth missed on physics class that it is impossible for everyone to growth expontentially.

Maybe they know about Malthus saying the same thing and being proven wrong?

We have had millennia of exponential growth. Slower in the past, and positive over the long term for a long time (since the bronze age collapse at a global level?).

Technological advance allows growth that is far higher than increases in resource usage. We often do the same thing on far lower resources than it used to take - sometimes far better.

  • The people at the layoffs side when growth doesn't meet the exponential quarter targets, or destroyed villages to build a few hotel chains that deplet water banks for their golf fields, haven't noticed it.

    • A real problem, but a different one. Bad decisions, bad government, bad distribution of resources. It does not alter the underlying trend which is better for the vast majority of people.

      2 replies →

Or biology class to learn that resources grow linearly (arithmetically) but populations grow geometrically (exponentially). So it is possible for everyone to grow exponentially, it's just not sustainable and generally leads to mass famine, disease or war.

  • Yet population growth is slowing while our access to resources is growing rapidly.

    Human population growth is not exponential. That’s so obvious that it’s hard to take anything about this argument seriously.

    Biology isn’t a good proxy for society-scale economic changes.

  • This is the malthusian argument, and in a vacuum it sounds right but didn’t account for decreasing family size with wealth and the ability of the economy to just barely eke out something like a percent or two of surplus.

    In China, the one child policy, for better or worse, was instituted to ensure that gains from industrialization were not eaten up immediately, leaving no surplus for quality of life and reinvestment.

    malthus had a point but it is not destiny and the real world reflects that. his was an avoidable trap

    now if we can gain control over capitalism we can save the earth

    • we can save our children/grandchildren from a lot of pain an suffering. The earth will be here long after we are gone.

MBA’s have a goal for growth.

That doesn’t mean it will happen.

Lots of companies fail or shrink.

Also, it’s not an MBA/capitalism thing. Every socialist leader throughout history promised more growth, they just thought it should be more equitable. Ever heard of Five Year Plans? They’re still going on in places around the world.

Having a goal for growth is a global phenomenon across all economic systems. If you feel like this is a problem, then it’s much larger than any one job type or even any one economic system.

Obviously it's an S curve yes, but we are so far from living in an Ian M. Banks Culture novel that we don't have to worry for probably a million years. Anti-growth people are ideologues with bad imagination and some pseudo-religious hate of humanity driving their political trend.

“It is difficult to get a man to understand something, when his salary depends upon his not understanding it!” - Upton Sinclair

The opposite of what you’re saying was considered ludicrous and conspiracy theory-like until not long ago on forums like this one or on Reddit. Just go to almost any post involving Hans Rosling (especially just pre-2016, post-GFC but pre-Trump) and you’ll see what I’m talking about.