why stocks should able to outperform GDP growth in the long run
Hmmm, nice one.
So it's impossible to have too much growth, and it's also impossible to do sensible long-term planning when your growth is expected to 'perform' (sic) every day, all the time.
important psycho-point. sanity posits growth as 'upwards and onwards' towards some definable goal, (utopia, gift economy, whatever your image of a better future is(, iow a move to the positive, with attendant sense of arrival, accomplishment, satisfaction, resolution etc, one where equilibrium is possible, whereas for the neurotic mind growth is seen as escape, a ladder out of hell, a way to keep the hounds of the baskervilles from catching up with you, and since these demons are rooted, rotting in the neurosis, there can never be an escape, as no matter how many positional goods one attains, there's always the fear that joe blow next door has the newer model. so there is no equilibrium, resolution, etc, just the 'hungry ghost'* mentality.
aaagh, talk about yer hamster wheel...
* buddhist term for a lost soul, who eats and eats and still stays thin as a wraith.
back to chopping wood and carrying water. ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
Humans need far less stuff when their head seems full.
Growth is the philosophy of the cancer cell.
This is a brainless diary. Align culture with our nature.
Please do not make denigrating characterizations of those who go to the effort to attempt to explain important aspects of our economy and society. I find the dairy valuable and worth re-reading. It amplifies insights I have obtained through other recent reading. But you may find this comment "brainless" as well. I am giving you the courtesy of this explanation rather than using one of the lower ratings for your comment. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
Some people manage to comment without even reading the first paragraph. But that's how the internet (unfortunately) often works...
But how is the question.
slowly, patiently, one person at a time, maybe? ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
