Why (Business) Growth is Required

Businesses run on debt. Debt interest compounds. Inflation increases costs. Inflation compounds. Thus businesses are always trying to increase their revenue.

If we had no interest (as in Islamic financing, at least much of the time) and no inflation, a business could be in steady-state with a steady-state population.

Instead, it’s grow or bust, or more likely, grow till you burst.

The planet was possibly, at one time, in something approaching steady state between ice ages. Civilization fixed this.

Have a nice day.

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