Often, we talk about the contradictions of capitalism inevitably causing economic crises, but what are those contradictions?

  • Norm_Chumpsky [he/him]
    ·
    3 years ago

    This is the main one. Infinite growth is impossible and destructive because it necessitates increasing consumption of resources that accelerate climate change. Also, growth is always measured in the short term. Corporations only care about increasing the profits of the next quarter, so they will try to maximize those to the detriment of more sustainable decisions. It's basically just one global ponzi scheme.