1. Private finance.
Private finance inevitably demands interest as compensation for risk, and therefore requires continuous growth for proper functioning.
If one agrees with this statement private finance must be replaced by community finance in which risk is socialized so that we do not have to demand interest as the price of creating and maintaining useful infrastructure and production.
"Community finance" is incredibly vague. What does it mean?
Yes, people generally desire to improve their material conditions over time.
Alright, I don't agree with this, but I don't see how it contradicts "eternal growth." It's possible to tax the young and subsidize the old (and provide public "savings" programs generally) without preventing the development of production infrastructure/capital goods.
