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Economic growth is non zero sum. Everyone can get richer at the same time as available capital increases or workers become more productive due to greater human capital. Stocks are giving a company money to invest in return for a share of future profits. VC and bonds are lending money to companies to invest for a future payment. Those companies are investing in productive capital assets or in making their workers more productive. Not zero sum.


It's not zero sum, it is negative sum: it comes at the cost of using up non-renewable resources and destroying the environment.


You can invest in companies that are building/using renewable energy and/or helping the environment.


I used to think this, but in the past few decades I became convinced that only reduction in economic activity will help the environment.


Surely either replacing a coal plant with a nuclear one, or capturing the concentrated carbon dioxide right out of the smokestack, would help the environment with no reduction in economic activity.




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