Whenever we see a growing entity, whether it be a population, a corporation, a bank account, a rumor, an epidemic, or sales of a new product, we look for the reinforcing loops that are driving it and for the balancing loops that ultimately will constrain it. We know those balancing loops are there, even if they are not yet dominating the system's behavior, because no real physical system can grow forever. [...] An economy can be constrained by physical capital or monetary capital or labor or markets or management or resources or pollution. (Donella Meadows)

Whenever we see a growing entity, whether it be a population, a corporation, a bank account, a rumor, an epidemic, or sales of a new product, we look for the reinforcing loops that are driving it and for the balancing loops that ultimately will constrain it. We know those balancing loops are there, even if they are not yet dominating the system's behavior, because no real physical system can grow forever. [...] An economy can be constrained by physical capital or monetary capital or labor or markets or management or resources or pollution.

Donella Meadows

Related topics

account balancing bank corporation entity forever growing labor real see yet reinforcing

Related quotes

Rebellion against technology and civilization is real rebellion, a real attack on the values of the existing system. But the green anarchists, anarcho-primitivists, and so forth (The "GA Movement") have fallen under such heavy influence from the left that their rebellion against civilization has to great extent been neutralized. Instead of rebelling against the values of civilization, they have adopted many civilized values themselves and have constructed an imaginary picture of primitive societies that embodies these civilized values. View quote
Theodore Kaczynski
There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary public interest. This strange doctrine is not supported by statute nor common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back... View quote
Robert A. Heinlein
My business experience confirmed my belief in empowering people. For example, at Bain Capital we bought Accuride, a company that made truck rims and wheels, because we saw untapped potential there. We instituted performance bonuses for the management team, which had a dramatic impact. The managers made the plants more productive, and the company started growing, adding 300 jobs while Bain was involved. My faith in people, not government, is at the foundation of my plan to strengthen America's middle class. View quote
Mitt Romney
For, primarily, the immigrant comes here for economic reasons. If he is a dependent, there is no room for him. If he believes that in America one need not work, there is no room for him. If he has been taught that his labor is a commodity for sale, he must learn that labor is no more a commodity than management. It is the product of labor, the product of management, that is put up for sale. In the last analysis, it is man's intelligence that is purchased. Only in undeveloped countries can man be regarded as a beast of burden. View quote
Calvin Coolidge
I conclude by listing several main points of this essay: 1. Human capital is of great importance in the modern economy. 2. Human capital has become of much greater significance during the past two decades. 3. Human capital is crucial to the international division of labor. 4. Much unmeasured learning goes on in companies and by adults. 5. People need to invest in themselves during their whole lives. 6. Distance learning will become of crucial importance to the teaching and learning process. 7. Human capital stimulates technological innovations and the high-tech sector. View quote
Gary Becker