I always see people say it but Idk the origin

  • discountsocialism [none/use name]
    ·
    3 years ago

    This isn't a thing in formal capitalist economics. We don't know the ceiling for human development but we're feeling the price of externalities to the environment so we may be there. We've manage to technology our way out of most problems up until now but we're clearly having trouble solving this one. To address other comments that say companies require growth to survive, capitalist economics assumes 0 'profit'. Economics is a bit dicy when it comes to the word profit, they mean that all stakeholders are being paid the surplus and treating it as personal income. The general problem of companies requiring growth is the greed of capital holders always wanting more money and will happily dissolve a company that doesn't make enough money.