What this might be, other than the preservation of capital accumulation, is never properly explained.
According to this view, the role of technological change became crucial, even more important than the capital accumulation.
The environmental criticism of capital accumulation focuses on four main ideas.
People follow in search of work, adding population concentration to capital accumulation.
As a result, the amount of capital accumulation remains small.
In addition to this, the rate of capital accumulation also shows a tendency to increase.
This process of capital accumulation does come to an end at some point.
As working takes up time for children to go to school, rate of human capital accumulation is negatively affected.
As a result, capital accumulation and the overall productivity level of the economy can decline.
The technical progress depends on the rate of capital accumulation.
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