Every decade, technology makes us dramatically more productive. Every decade, GDP growth slows. These two facts should not coexist — and understanding why they do reveals the defining economic tension of our era.
Humans lived for 10s of thousands of years under communism. Capitalism was invented and within a couple of centuries the human race is commiting collective suicide with falling birth rates.
Humans lived for 10s of thousands of years under communism. Capitalism was invented and within a couple of centuries the human race is commiting collective suicide with falling birth rates.