Thursday, August 23, 2018

Lets review Capital accumulation end zones

Okay earth human population is stabilized

Technical progress continues
But the production system has glided down to
Simple reproduction
With the entire surplus allocated
For social dividends and R and D

Is this a qualitatively clear end point for the present Long run plan horizon ?

It's not general material satiety
But it is the end of accumulation
Ie expanded reproduction