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All of this are labour-intensive low-resource-intensity activities. GDP could expand without strengthening the current global natural resource constraints if these sectors were expanded. There is room for plenty of low-skilled labour in these sectors, too, so a lot of people could immediately be recycled into them.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Sun Sep 2nd, 2012 at 04:44:47 AM EST
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