The main result would be that everybody would be seen to be doing somewhat worse than we currently think they are doing. So those countries that really do have some growth would be places like India and China—where they would have growth under this measure as well, but just less than what it appears to be. But for countries that have been industrialized for a long period of time and are only going through the kinds of technological changes we see, which are not so much in productive technologies as information technologies, there hasn't been any further increase in wealth as a result of that. Those technologies do consume a lot of resources.
So in a more resource-constrained future, they will actually contribute to a decline in wealth.