"Optimism was a self-reinforcing feedback: the system delivered more, people came to expect more, so the system was primed to deliver still more. The result was continued economic growth, with the global economy doubling in size every two or three decades. This always-accelerating conveyor belt of industrial production and disposal depended not just on the increased availability of energy and materials, but also on rising expectations."
Optimism

January 1, 1970

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Original Language: English