Can Humanity Sustain Its Growth? | Marian Tupy

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In this episode, Rob chats with Marian Tupy, the editor of Human​Progress.org, a senior fellow the Cato Institute’s Center for Global Liberty and Prosperity, and co-author of The Simon Abundance Index.
Marian argues that humanity has accomplished a great deal and can continue to do so if we continue to adhere to the values of classical liberalism. According to Marian, the argument that resources can’t keep up with human growth is simply not true. A cold, dispassionate look at the big picture shows that, all things considered, the world continues to improve along many different dimensions.
#auspol #humanprogress #cato
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[@worldaround6520]

All the best. 🎉❤

[@mayflowerlash11]

It's not the growth in population which causes the decrease in time cost for for a commodity. It is innovations in how the commodity is produced which makes the commodity lower in time cost. Once the commodity is produced for a lower time cost, it will be a lower time cost for all people who exist. Another factor is the coming decline in world population. The replacement rate is dropping below 2.1 in more and more countries. So as the population declines the innovations still exist which keep the time cost of a commodity down. So a paradigm shift has to occur. Rather than thinking of growth in terms of numbers of consumers going up hence more of a commodity is sold, the grow to be aimed for is the decrease in time cost for all commodities. As the population declines, and the time cost of commodities reduces because of further innovation, the population will experience superabundance in all commodities.

[@metju30]

Problem is not amount of stuff, but distribution of them .. why are people still starving?

[@grantpiper6358]

a bit simplistic IMO. Was that average wage time-cost, or for some upper percentile? Does this deflation occur regardless of market manipulations, even things like Patents and IP that restrict evolutionary innovation? scarceness seems to be cultivated by the 'free market' rather than abundance t optimise profit. good discussion though.