Infinite Growth: A Curse or a Blessing?

TL;DR

This paper explores the debate on infinite economic growth, analyzing perspectives and underlying factors, and argues that exponential growth is vital for civilization's survival.

Contribution

It provides a critical analysis of growth theories and highlights the importance of infinite growth for societal sustainability.

Findings

Infinite growth is crucial for civilization survival

Economic activity, value, and creation are interconnected

Population and resource dynamics influence growth patterns

Abstract

The article discusses the controversy over infinite growth. It analyzes the two dominant perspectives on economic growth and finds them based on a limited and subjective view of reality. An examination of the principal aspects of economic growth (economic activity, value, and value creation) helps to understand what fuels economic growth. The article also discusses the correlations between production, consumption, as well as resources and population dynamics. The article finds that infinite and exponential economic growth is essential for the survival of our civilization.