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284. Superabundance: The Age of Plenty | Marian Tupy, Gale Pooley
The Jordan B. Peterson Podcast
Why Is Abundance Declining?
In spite of all the doom and gloom, Malthusians are not heading for an apocalypse. Abundance can increase at two different speeds: if abundance of resources is increasing at a lower rate than population then it's declining. If population increases by 5%, but personal resource abundance is only increasing by 2%. We call that increasing abundance. But if your resource abundance is increasing by 10%, we call that super abundance. All 18 data sets have been growing at a super abundant speed,. which means that our wealth, this, this abundance is increasing faster than population. That tells us that on average, every human being's contributes more than they consume.
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