[houseplant]

we gotta stop chasing the whole "line go up" ideology. I know that's all capitalism is and how it exists, but we need to be okay with just simply doing well for the sake of doing well. You don't need to instantly go berzerk with investors and stocks and shit. unfettered growth will never truly pay off.

[WalterBright]

> unfettered growth will never truly pay off

It did for the US, Japan, Hong Kong, Germany, China, everywhere that free markets were tried.

[_1tem]

That's circular reasoning. You're defining "success" as "line go up" and then saying we made the "line go up" therefore we were successful. If you define success as GDP per capita, then sure, the countries with the highest GDP per capita won. However, even by other flawed metrics, such as Real GDP with purchasing power parity taken into account, India and Russia are also top of the list[1]. Even this metric is flawed, though, because humans are complicated and GDP != happiness or success.

https://www.cia.gov/the-world-factbook/field/real-gdp-purcha...

[mschuster91]

China is the worst example you can make for that point. They're sitting atop of a giant pile of debt, particularly in housing, and millions of people have lost their life savings as a result. China's economy is a house of cards just waiting to come crash down, and that's without the threat of the CCP wanting to take over Taiwan.

[Woeps]

Thank you for pointing this out! It did for them on the back of others. The line has to go up mentality just puts resources from place A to place B.

Now lets get past that stage and make sure that it pays off for everybody.