If you consider nihilism to be the belief that life is meaningless, then you might conclude that people who come to be nihilists might be less motivated to work to create items of value to themselves or others. This would have a dampening effect on development and on economic growth.
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If you consider nihilism to be the belief that life is meaningless, then you might conclude that people who come to be nihilists might be less motivated to work to create items of value to themselves or others. This would have a dampening effect on development and on economic growth.