The Oil Drum | Peak Oil and Economic Growth: Where Do We Go From Here?

182 comments on Peak Oil and Economic Growth: Where Do We Go From Here?

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Will on March 28, 2008 - 2:10pm

True. But the tradition ensured that leaders were accumulating social wealth, not resource wealth. The fascinating thing was that the participants were producing surplus solely to re-distribute it.

This is fundamentally different from our model where surplus is converted to markers and then hoarded. Well... "invested" is the polite word.

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HankF on March 28, 2008 - 6:13pm

You'd think that in a steady state economy there would be no such thing as surplus.

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eric blair on March 29, 2008 - 6:32am

Plenty of surplus if one has far less people than what the local biosphere can provide.

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182 comments on Peak Oil and Economic Growth: Where Do We Go From Here?

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