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sammy8 wrote:

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Economic growth has no limit for a couple of reasons. One is that there is always a better use for a limited resource like land. You might change the crop you grow on your plot to something worth more money, for example, or someone may offer you a lot of money to build a building there. After that, it might become a highway, and eventually, become a national park or something, all the while increasing in value. It is only limited by what people are willing to pay.

What people are willing to pay always goes up because the amount of equity and money in the world always goes up. This is because people can create value just by their work. Value isn't just physcial things - just by doing work, people increase the total amount of equity in the world. For example, you have some flour, eggs, salt and butter. A chef increases their value many times by making a pastry, even though he did not need to add extra physical things. His work increased the total value of the ingredients. Other people perform pure work as well - lanscapers, movers, actors in a play. They all increase the amount of valuable things in the world,but they don't necessarily produce physical things to do so. Just by working they have increased the total amount of money in the world.

Sammy,

That is a very positive view.