Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment." in the context of "Part 3, Chapter 15, Capitalism and the Environment, p. 183" to mean that wisdom is timeless.
Tags
About Jim Stanford