The more important question is: can we have growth in economic output (which is what we actually want) without growth in economic input (which is purely instrumental)?
Short-term - maybe, though past history isn't exactly positive about that.
Long-term : no, as this would reduce economic input to an arbitrary small fraction of the overall wealth, which anyone would be able to corner. So it's either self-limiting or unstable.
BlueTemplar|6 years ago
Long-term : no, as this would reduce economic input to an arbitrary small fraction of the overall wealth, which anyone would be able to corner. So it's either self-limiting or unstable.