Submitted by candymannequin t3_ydb3qp in explainlikeimfive
jawfish2 t1_itxcapf wrote
Reply to comment by ShalmaneserIII in Eli5: I don't understand why there seems to be a general consensus that gdp will continue a trend of growth, and why this would be beneficial, considering the cyclical nature of economies and empires rising and falling. Isn't economic downturn on some level unavoidable or even beneficial? by candymannequin
Well presumably there would still be market-like conditions and individual segments/companies/individuals would go through boom and bust. But you are right, I think, to ask how the whole ecology could be prevented from self-destructing. A look at the actual ideas is in order.
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