
Steve Keen: “Mythonomics”
The Great Simplification with Nate Hagens
00:00
Technology Without Energy Is a Sculpture
Technology is the useful energy derived from a machine. And that's where our wealth has come from. The standard explanation of the solo residual as. They don't really know what created our massive wealth, but it looks like it's in that technology part of the equation. Yet, to borrow your phrase, technology without energy is a sculpture. Yes, exactly.
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