I kinda went on a little research spree on economics this afternoon but at one point I figured it’s probably good to know if it’s possible for, say, at least 98% of people on earth to live a happy fulfilled life at all.
I know there’s plenty of people who’d be more than happy to have literally nothing more than a house, food and water, but that still leaves a whole lot of people who want other things in life.
Do we have any metrics or data on wether the earth can sustain roughly 8 billion humans?
Sometimes yes, sometimes no. Sometimes that extra money buys ethical labor practices, sustainable material sourcing, quality workmanship and item longevity. Not always, there are plenty of scammy “luxury” goods, but there are plenty of brands that are considered luxury simply because they aren’t fast fashion and are buy-it-for-life quality.