Quote:
Originally Posted by TomCowley
You're at that point as soon as you're using anything except renewables that are otherwise going unused, which we obviously are (energy on top of anything else) because the surplus production itself is inherently completely useless to people using none of it.
I have no idea why lighting resources on fire is considered preferable to Scrooge McDucking in a pile of them.
Several points:
1) Research is using resources short-term nonproductively (at least, often completely uselessly forever), so it requires either previously saved or currently subsidized resources- so you can't reasonably argue for full-throttle production as the best way to innovation.
2) I'm not aware of many (any?) important innovations that were intended for/debuted for the American charity class (or even American-made and targeted at the super-poors of the rest of the world) in, say, the last 75 years that then got adopted by the rest of society leading to a meaningful increase in their standard of living. In an idealized version, that's a pretty inefficient way to go about things- corporate innovation is pursued to make money, so it's generally targeted where the money is. So you can A) give money away, have innovation targeted at the charity class, and hope it helps you or B) keep the money and have innovation targeted directly at you. B should be much more efficient, although A can obviously luckbox.
3) The corollary to 1 and 2 is that you actually do need enough people and they can't be super-compulsive hoarders (otherwise the innovation incentive isn't there since nobody consumes ****), so you do have a point in those regards, but I don't see why a significant charity class is ever optimal for the EV of innovation-based increases in the standard of living for the rest of society. Wherever the sweet spot actually is, I think we're way, way, way past it currently in the US.
Accidentally deleted longer reply, it sucked anyways. Bullet points:
-Still plenty of food, water, land and energy for hundreds of years, even without new technologies. The wild card is climate change/ecological disaster, but the reason there's regional scarcity today is mostly because of human political/economic choices, not because of an actual lack of resources.
-You don't have to light your resources on fire in order for them to be useless, they're useless unless they are used. Russia is Scrooge McDucking incredible energy and mineral reserves and its economy is worth less than Italy's. I'm not advocating full-throttle production, obviously if you consume at an unsustainable rate then the party is over, but under-utilization of resources isn't good either, what good is a pit of oil if it's never consumed?
-You have a wide notion of the charity class, one would have to imagine a radically different society if the charity class, the people who service the charity class (police, jailers, teachers), and the corporations who depend on the charity class market, suffer a 50% culling. There would be far less economic activity across the board, corporations will still be efficient in catering to a smaller population but there will be less demand to sustain growth, why would they want a smaller pie?
-I'm not disagreeing that much, the main thought is with more people there's more economic activity, activity is correlated with innovation, innovation is where the value is, there would be less aggregate innovation with half the country dead. The Internet is one example; it wasn't intended for the charity class, and you could argue that Moore's Law is relatively independent of consumer demand, but the Internet was a dinky thing only geeks cared about, before the charity classes started logging on.
-Also the bigger the population, the better your odds of getting another Einstein, and another Einstein is easily worth, let's say, the state of Florida.