Re:Decline of Global Extreme Poverty Continues but Has Slowed
by dredmorbius on Friday September 21, 2018 @05:59AM
(#18038487)
The personal attack is not necessay. The observation on lack of rigour stands.
The question of what actually precipitates, maintains, spreads, or limits growth has in fact been a central question of numerous economic schools of thought and/or ideology; the Physiocrats, Adam Smith, free-market fundamentalists, J.S. Mill's steady-state, Ricardo & George on rents, Schumpeter's creative destruction, Kondratieff's technological waves, North's institutionalsism.
Jevons, Adams, Lotke, Soddy, Boulding, Georgescu-Roegen, Meadows et al, Daly, Ayres, Klitgaard & Hall, Smil, and Keen all point to an overwhelmingly dominant role for energy, especially fossil fuels.
The full answer has multiple components. Simply chalking "capitalism fixed it" is beyond facile. Particularly when aggreement as to what that term even encompasses is at best exceptionally limited.
The question of what actually precipitates, maintains, spreads, or limits growth has in fact been a central question of numerous economic schools of thought and/or ideology; the Physiocrats, Adam Smith, free-market fundamentalists, J.S. Mill's steady-state, Ricardo & George on rents, Schumpeter's creative destruction, Kondratieff's technological waves, North's institutionalsism.
Jevons, Adams, Lotke, Soddy, Boulding, Georgescu-Roegen, Meadows et al, Daly, Ayres, Klitgaard & Hall, Smil, and Keen all point to an overwhelmingly dominant role for energy, especially fossil fuels.
The full answer has multiple components. Simply chalking "capitalism fixed it" is beyond facile. Particularly when aggreement as to what that term even encompasses is at best exceptionally limited.