Yes, a “steady state economy” seems to be inevitable eventually, when we are unable to raise our consumption due to lack of say affordably priced energy.
Up to now, many of us still believe investment in science will help to keep civilization at a prosperous level – and would not one obviously helping factor be also population reduction, at a higher savings rate and capital ownership per person?
Or – what other practical policy proposals are there to initiate movement towards the “steady state economy”?
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