same rate in rich and poor nations( more in rich), means less to the underprivileged country. Because their population is growing faster. Any additional growth in developed countries means increase of trivial goods. Any increase in GNP/P means more to poor countries its true, but with their population increases, its not much of a benefit. Especially if you take into account the labor burden they take on to achieve the minimal increase. There are those who concede the fact that we live in a world with finite means, yet they have justified there growthmania with the use of technology. Technology has grown exponentially hand in hand with the economy, and it is argued that technology is responsible for the growth. Although it is true that technology is partly responsible, there is no evidence that technology will support the type of growth we have been in. Nor is it right to assume that technology will influence development the way it has in the past. As a matter of physics, we cannot accept that technology will increase output without additional real inputs. There is a limit to which productivity can be increased due to technical innovation by itself. If we take results from the past we see what was thought to be technical change was just factor substitution. The enormous increases in output that we have experienced and expect in the future cannot be through technology alone. And all of this is subject to the fact that technology produces more benefit than harm. Looking from a physical standpoint, this idea that technology is our salvation is even more absurd. Let’s analyze the entropy of our ecosystem. Entropy is the measure of the degree of randomness in the system. The less entropy something has the more structured it is, and the more energy it possesses. We derive energy from nature by breaking the bonds that hold the structures in place. Oil, its composition of intermolecular bonds, release energy when broken, into heat, light a...
