Can Capitalistic Countries Grow Their GDP Forever Without Repercussion?
Many folks that question the ultimate end game for a capitalist nation, point to the fact that you cannot grow your GDP forever, and perhaps, you’ve sided with this argument on occasion. True free market thinkers will tell you that such a notion is nonsense, as an ever evolving business climate can change and find new avenues as innovation continues and that the potential for change and new offshoots is endless. If you’d like to hear this debate taken to a whole new level leaving very few stones unturned, then I’d sure like to recommend a very good book to you, that will certainly make you think (it’s about 600 pages and very comprehensive, well foot noted and researched); “The Moral Consequences of Economic Growth” by Benjamin M Friedman; Vintage Publishing; (2006); ISBN: 978-1400095711 Very interesting book and thought topic on the subject of economic growth. It discusses the issues of economies on the top of the curve, and how shortages and disruptions are still possible; why large
