asterism
Congress != Progress
The way you get "economic equilibrium" on the planet is to make everyone as rich as we are.
well that is impossible because there simply are not enough resources for even half the present population to share our living standards.
So exactly how do you plan to redefine our wealth?
It's a race toward the bottom Toro, not toward the top. Every previous model since the industrial revolution began had the advantage of exploiting massive virgin resources. That won't happen again.
It's a race to the top.
If it were a race to the bottom, incomes would continuously be falling. But globally, incomes have been rising pretty consistently, current recession notwithstanding.
Thomas Malthus said that we didn't have enough resources, and he said that 200 years ago, just before mankind was about to embark on the greatest period of wealth creation the planet has ever seen.
Keyes was a Malthusian and I've been taught even by Keynesian economists that Keynes was wrong about Malthus' view on full employment.
Economic: Keynes On Malthus And Ricardo Theories