Re:This is the most depressing chart in the world
by drjesusphd on Wednesday February 24, 2016 @07:54AM
(#11166326)
The problem is that slow, steady growth cannot support capitalism. In order to convince investors to risk their money, the economy must promise a more handsome return on their investment. That's why it's "bad news" when the economy "only" grows by 1-2% per year.
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Re:This is the most depressing chart in the world
by coldtea on Wednesday February 24, 2016 @08:19AM
(#11166456)
>The problem is that slow, steady growth cannot support capitalism.
That sounds more like a solution.
Re:This is the most depressing chart in the world
by rorykoehler on Wednesday February 24, 2016 @09:29AM
(#11166920)
I know it's extremely unpopular with a segment of the economic/political philosophy fundamentalists but maybe it's time to accept that capitalism is flawed and not a cure all solution. Just because something worked under a certain set of conditions doesn't mean it will work well if at all under another set of conditions. Our conditions are clearly changing and we should adapt accordingly.
Re:This is the most depressing chart in the world
by saiya-jin on Wednesday February 24, 2016 @08:41AM
(#11166596)
so we don't support that much casino-style gaming with prospects of billions... not that depressing outlook. mankind will survive and adapt to much worse things than only 1-2% growth.
Show some child abuse/slavery/deaths-by-US-bombs/born-with-cancer-or-hiv graphs, that's way more depressing than this pathetic... something