News for hackers. Stuff that matters.

A comment on Vast New Stores of Water Reported on the Moon. Parent comment

Re:Vast New Stores of Water Reported on the Moon by dontlaugh on Sunday April 16, 2023 @06:32PM (#35594845)
That would assume GDP is a measure of resources and production capacity as opposed to just vaguely correlated. It would also assume there is no way to reduce unnecessary production costs, like profits.

It’s entirely possible to start from today’s resources and build production far more efficiently if we produce rationally for use.

[ Parent | on HN ]
Re:Vast New Stores of Water Reported on the Moon by dgroshev on Monday April 17, 2023 @08:22AM (#35599663)
Look at the scale of the numbers involved, profits are around 15% across developed economies [1], which is not nearly enough to offset the difference between average Mongolian and what you'd consider a decent QoL.

I don't see any evidence for that claim. What's more, planned economies don't seem to be particularly efficient at reducing waste or improving QoL, examples are plenty, from lake Karachay to unavailability of basic feminine hygiene products in USSR up until its breakup.

[1]: eg https://www.bloomberg.com/news/articles/2022-08-25/us-corpor...

[ Parent | on HN ]