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Failed to connect to MySQL: (1203) User howardkn already has more than 'max_user_connections' active connectionsPath: ...!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: rbowman Newsgroups: alt.folklore.computers,comp.os.linux.misc Subject: Re: The joy of actual numbers, was Democracy Date: 29 Oct 2024 20:05:08 GMT Lines: 35 Message-ID: References: <2ItTO.338744$v8v2.95701@fx18.iad> Mime-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit X-Trace: individual.net v57fo+qMBza46qMSLbAmeg77hpQIPC1mFMzhParSMV92mzNfJG Cancel-Lock: sha1:/41+v9UqQ0RXMwAVLpGIVZpu9nQ= sha256:4krC30DTcqxyUrF5dgniChuB8eSfpLIzRhx3ZIac9H0= User-Agent: Pan/0.149 (Bellevue; 4c157ba) Bytes: 2352 On Tue, 29 Oct 2024 18:35:16 GMT, Charlie Gibbs wrote: > On 2024-10-29, The Natural Philosopher wrote: > >> On 29/10/2024 15:18, Scott Lurndal wrote: >> >>> Which attempts fundmentally can be attributed to modern capitalist >>> theory that requires constant growth. Without new consumers, >>> how can the economy expand? >>> >>> Is it time for a steady-state economy? >> >> The problem is that most modern economies have a social care and debt >> Ponzi scheme, that relies on more people earning more money to pay for >> it. >> >> Stop the new people and the scheme collapses. > > Don't stop the new people and the scheme collapes a bit later due to > resource exhaustion. It's no different from any other Ponzi scheme. > >>> https://steadystate.org/discover/definition-of-steady-state-economy/ >> >> Well it will have to come eventually, but the transition will be >> painful > > Perhaps - but it might be less painful than a Malthusian crash. I can never remember if high time preference or low time preference is the one that thinks '$100 today is better than a tomorrow that may never come' but it does seem to be the dominant philosophy. The cornucopians think there will always be a technological fix. Someday they will reach into the hat to pull out the next rabbit and find out there ain't no more rabbits.