Collapse

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This is the place for discussing the potential collapse of modern civilization and the environment.

Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

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#272: “Peak almost everything”, part two (surplusenergyeconomics.wordpress.com)

submitted 8 months ago by eleitl@lemmy.ml to c/collapse@lemmy.ml

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[–] FMT99@lemmy.world 2 points 8 months ago (1 children)

As someone who has no economic training to speak of, the thing I never understand about these 'peak growth' articles is that while yes constructs like "GDP" may appear go down and "debt" to go up, but our overall productivity as a species has never been higher or more efficient. Why then should there be a lack of material goods and means?

[–] eleitl@lemmy.ml 4 points 8 months ago

If you use 3 units of debt and rising to produce 1 unit of "growth" which is measured in a highly gamed metric, is it really the same kind of growth as we had in 1950?

And in what units do you measure your productivity? Prostitution, black economy and owning your house without renting it out are also part of the GDP.