Difference between revisions of "Embedded Growth Obligations"

We have effectively become a Growth Cargo Cult. That is, once upon a time, planes used to land in the Pacific, let's say, during World War II, and Indigenous people looked at the air strips and the behavior of the air traffic controllers, and they've been mimicking those behaviors in the years since as ritual, but the planes no longer land. Well, in large measure, our institutions are built for a world in which growth doesn't happen in the same way anymore.

We have effectively become a Growth Cargo Cult. That is, once upon a time, planes used to land in the Pacific, let's say, during World War II, and Indigenous people looked at the air strips and the behavior of the air traffic controllers, and they've been mimicking those behaviors in the years since as ritual, but the planes no longer land. Well, in large measure, our institutions are built for a world in which growth doesn't happen in the same way anymore.

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