Sampsa K"Thus, beyond the never-ending pursuit of rational self-interest, it’s not at all clear what a Liberal society is actually for. What is the purpose of piling up ever more strings of ones and zeroes in competition with each other? Why are we supposed to approach ever closer to a frictionless world where resources are perfectly allocated? And what happens then? There are a couple of theories that I’ll nod at briefly, but neither is really satisfactory.
One is that we are pursuing Growth. But this is observably not true, simply because Liberal economies have been much less successful than the collectively-managed ones of the past, and a nation genuinely interested in Growth would not destroy its industry, its infrastructure and its education system. In reality, as the death-grip of Liberalism has tightened, Growth, in the twentieth-century sense, has practically disappeared, and in many western economies, nominal GDP growth is mostly about asset price inflation. (How much is your house worth?) We’ve seen a massive transfer of resources to the rich from ordinary people, and the rich are the only class whose wealth has actually increased in net terms. Indeed, the Party has now abandoned Growth as an objective, because it would require unacceptable things like investment, training, education and government intervention. Much easier to stage another smash-and-grab raid on the poor.
So it’s not Growth. But what about that other standby, Progress? Well..."
https://aurelien2022.substack.com/p/is-that-it
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