No- the GDP has not been increasing for as long as we can measure it.What a strange thing to say. GDP per capita is and has been increasing world wide for as long as we can measure it, up to short term fluctuations. Just google "gdp per capita" and the country of your choice.
The power of a nation might rest on it's total GDP, but the quality of life of its inhabitants depends far more on the GDP per capital. Capitalistic states tend to care far more about the latter than any system resembling planned economy.
No- GDP per capita has NOT been increasing the the US. Nor in Britain, Nor in France. Dividing gross GDP by population is NOT a true measure of per capita GDP growth.- It only measure productivity divided by population, NOT the distribution of that wealth.
In point of fact, the Middle class is SHRINKING. Their real inflation adjusted wages are falling. ( that is- their income is not increasing as fast as the costs of living. )
- tellingly, because of cheap labor overseas, trinkets keep getting cheaper. But Housing, Water, Electricity, and healthcare costs keep rising out of proportion to GDP.
Mature market Nations that have population growth see GDP growth because MORE people means MORE sales of services and products.
Mature Market Nations with stagnant or declining populations are in recession.
And Nations like China and India see large growth because they are NOT mature markets- 600 million Chinese still live in rural poverty- which means as industry and better paying jobs begin to infiltrate those regions, those people can suddenly start to BUY products and services- that is they have NEW markets opening. That is how they grow so much.
The US grew at those rates, too, when we had unrestrained immigration.
Beyond actually having MORE resources ( conquest ) or having new markets to sell into ( market share) the ONLY source of growth is when we discover some NEW application for a resource we already have. For example- when we figured out that the weak crappy ore all over the navajo basin could be used to make Nuclear reactors because it was uranium. Or when we figured out how to triple the yield of wheat per acre thru quadro-tricale hybridization. New uses for resource we already have spur growth.
It does not matter that there is MORE money- when only 10% or the population gets the entire increase for just themselves.
Oh- and capitalism is NOT a political construct. There are no "capitalist States"- It is an economic structure. And ALL actual States are Socialistic.
Even dictatorships have to spend public monies on infrastructure.
YOUR country is a Socialist system of managing and providing for the entire population.
A certain amount of 'free enterprise" is certainly good for spurring invention and industry... however, too much capitalism results in income inequality- which is WHY there was a russian revolution and labor riots all over the US and Europe.
Its why there was a french revolution, too.
ALL computer models of 'capitalism' prove it to be a ponsi scheme. It redirects wealth into the hands of just a few- ( the game monopoly was created to try and illustrate this fact to Americans )
There is no such thing as a "free market" because the very FIRST thing that wealth buys in a free market is the power and influence to rig the market.
The State has a vested interest in supporting free enterprise ONLY to the extent that it makes life better for the citizenry- the minute it starts to impoverish the citizenry the State is requited to step in and regulate free enterprise and re-distribute income inequality. ( because Capitalism IS REDISTRIBUTION of the wealth of labor to the ownership class. )
One example of impoverishment is the reduction of taxation on the rich. This means that the burden of Government cost is shifted onto the shoulders of the working class.
And it means less revenue for the government. this often results in failure to create or maintain infrastructure. ( ironically, the infrastructure that Private enterprise utilizes to make their owners money )
When corporations that make profits pay their labor so low that the government must subsidize those wages with food stamps - which are paid for by taxes on the working class and NOT by taxes on those corporations, that is the ownership class impoverishing the working class thru a tax graft.
These are actions promoted by and funded by the ownership class.
When bankers committing a massive fraud crash the world economy and governments have to pay off those private debts just to keep the economy working- that is SOCIALISM subsidizing the loses of private ventures.
So- sorry- but UNREGULATED and UNTAXED capitalism is nothing other than wage theft.
Every 'regulation' on the books that conservatives decry was DEMANDED by prior generations to curb the criminal avarice of corporations and the owners that run them.
Like it or not, you live in and your beloved private ventures are enabled by a socialist government that is re-distributing wealth- to your army- your fire department- your road repairs- etc...
But also in the form of subsidies of the yachts and jet planes of the super wealthy- subsidizing the wages of Walmarts employees- and tax breaks to corporations.
The only question is WHO is being served by that socialist construct? Right now, in the west, we have had 30 plus years of conservative economic theories and the rich are definitively a lot richer... while poverty is actually increasing in nations like the US and Britain.
Once ALL nations have mature markets... there will be ZERO growth. The ponsi scheme will have run out of new rubes.
Either equitable division of resources... or the rich will be dragged off their yachts and jets and get their head chopped off- Like every other time things got out of balance.