a capitalist society without growth is a failed society that will quickly be overthrown. It absolutely depends on growth, what incentive is there to invest capital otherwise?
It absolutely depends on growth, what incentive is there to invest capital otherwise?
You’re conflating growth of particular capitalists’ wealth, “profit”, and growth of the entire economy. Capitalism’s goal is profit but profit doesn’t depend on growth of the entire economy. There are capitalists who profit even while the economy shrinks.
OP’s meme was referring to growth of the economy, not profit. Again, capitalism doesn’t depend on growth (of the economy).
you’re missing the point. a system predicated on the infinite growth of either is objectively a bad idea. either way capitalism can’t work. nitpicking this is missing the forest for the trees
a capitalist society without growth is a failed society that will quickly be overthrown. It absolutely depends on growth, what incentive is there to invest capital otherwise?
You’re conflating growth of particular capitalists’ wealth, “profit”, and growth of the entire economy. Capitalism’s goal is profit but profit doesn’t depend on growth of the entire economy. There are capitalists who profit even while the economy shrinks.
OP’s meme was referring to growth of the economy, not profit. Again, capitalism doesn’t depend on growth (of the economy).
… ok? and? a system that requires infinite profits in a finite world is still stupid as fuck
So you’re saying stupid is bad?..
when it comes to an entire economic system that has the final say on how EVERYBODY ON THE ENTIRE PLANET LIVES THEIR LIVES FROM START TO FINISH?
yeah it’s fucking terrible
OP’s comment was stupid.
what makes it stupid?
The conflation of economic growth and profit.
you’re missing the point. a system predicated on the infinite growth of either is objectively a bad idea. either way capitalism can’t work. nitpicking this is missing the forest for the trees