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Saturday, May 20, 2017

RE GROWTH FOR GROWTH'S SAKE

Watched Christine LaGarde and Michael Lewis dialogue, briefly.
 
What is growth? Purely quantitative?
 
Is it merely something to ward off stagnation, or decline, again purely quantitative terms?
 
What is it really for? Is it an end in itself ultimately? More and more and more amd more without end?
 
Can it go on forever? Forever is a long time.
 
Does it matter much, in terms of a purely quantitative definition of growth, whose growth it happens to be?
 
Is relative growth, or relative decline, significant to global growth afficionados?
 
When does growth, assuming it trends upward, or at least has trended upward fitfully, when does it permanently taper off, or even begin to decline permanently, or for a long time to come?
 
Why shouldn't growth itself cease, say under environmental or population pressures?
 
What could be wrong with that, really?
 
Haven't we been seeing that happening, to some extent, already?

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