Earlier quoted context omitted.
I've spent what is likely way too much mental energy wondering about this, and I'm no closer to an answer. Is there any limit to lifestyle inflation? Is it possible to have growth that simply outpaces what a human could possibly consume? Intuitively it seems obvious that there should be something like that, but in the 1800s our growth today would seem like it should be enough.
I've also spent mental energy on this, about 4-5 years, and recently I've been reaching a conclusion (in a great walkabout about AI, ethics, and the meaning of everything). My conclusion: individual satisfaction is bounded, as long as we have bounded brains. First I should mention that the best principle I've found to underlie life is that we should maximize or optimize some kind of experience of consciousness, for e…
To be clear, by conscious experience I don't mean just pleasure (or even just "happiness", just joy). Experience is much more complicated than pleasure alone, or any single feeling -- although of course generally they are good proxies in most situations (if you're happy it's usually, but not as a law, having good experiences).
I'll leave it as a reflection to the reader exactly what it entails -- with Humboldt's observation in mind (of "harmonious development [...] to a complete and consistent whole).
Another important observation to be had, is that we should have freedom to chose, in a way, what gives us pleasure, what's engrossing to us -- guided by reason. I call this concept 'freedom of utility' -- sure, we (generally) enjoy physically food, sex, and various other things (sometimes drugs that destroy our bodies and our minds); but what should we like? Imagine our intuitive tastes could be aligned to changes since we've developed millions of years ago, living in totally different environments under new light of reasoning, and new understanding of the universe.