start looking at how a global steady state economy will work
Err, except that we don't. That kind of thinking is a fallacy, that there is only economic value in tangible items. There is literally (in the sense that it is not bounded by how much stuff there is) no limit on the economic value that can be created through services and intangible assets such as information.
A microprocessor is worth more than the sand it's made from. Where did that value come from?
Err, except that we don't. That kind of thinking is a fallacy, that there is only economic value in tangible items. There is literally (in the sense that it is not bounded by how much stuff there is) no limit on the economic value that can be created through services and intangible assets such as information.
A microprocessor is worth more than the sand it's made from. Where did that value come from?