Wealth as Organized Complexity
The proposition that wealth equals organized complexity, and that available energy determines how much complexity a civilization can sustain.
The proposition that economic wealth is the product of organized complexity, and that the energy throughput available to a civilization determines how much complexity it can sustain. Cheap abundant energy raises the achievable ceiling of organized complexity, and therefore of wealth. This is the underlying logic for treating the energy transition as a wealth-creation project rather than a sacrifice.
First introduced in: Introduction