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Re:Economics Needs a Post-Crash Revolution by RaiseProfits on Sunday October 27, 2019 @03:16PM (#21371782)
I’m not seeing the productivity gains anyway, buddy, I work for minimum wage and you’re barking up the wrong tree.

Growth doesn’t matter if it doesn’t reach the people.

Re:Economics Needs a Post-Crash Revolution by duxut_staglatz on Sunday October 27, 2019 @06:44PM (#21372942)
Yes, indeed. But growth does matter if it reaches the people, which is scythe's point.
Re:Economics Needs a Post-Crash Revolution by RaiseProfits on Monday October 28, 2019 @11:54AM (#21378048)
Right, so growth in its current state is a wealth vacuum distributing wealth from high impact places to low impact places. I don’t see how that works as an argument for MORE growth.
Re:Economics Needs a Post-Crash Revolution by duxut_staglatz on Monday October 28, 2019 @01:59PM (#21379638)
Then we should have more growth _and_ a better distribution of the gains from growth. But merely better distribution without growth leaves us in the USD17k scenario.

The original comment point is that there is that growth is needed (but not sufficient) if one wants both conditions he pointed out to happen - which is most people.