The new Human economic system will be aligned with Nature’s laws
Question from the Internet:
“What will happen to the global economy if people don’t waste things (e.g. food) and don’t buy things not more than actually needed?”
Without the excessive overconsumption, fulfilling the so-called aggregate demand the present global economy will collapse.
And this is what we are witnessing as a result of the pandemic. To be fair the virus simply hastened changes that were already underway.
This Human system which is built on harmful, reckless, excessive consumption and ruthless competition, success at each other’s and Nature’s expense was already in perpetual crisis for decades before the “virus came to finish the job”.
Contrary to popular belief we are not above, outside of Nature’s system, we can’t do whatever we like. Instead we have to adapt ourselves to the strict Natural laws that sustain the balance and homeostasis life and optimal development depends on.
Only when we adjusted ourselves to those laws can we build a better, more sustainable Human system within the optimal parameters of healthy, modern, natural necessities and available resources.