this post was submitted on 08 Mar 2024
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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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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.