• rah@feddit.uk
    ·
    edit-2
    9 months ago

    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).

    • blakeus12 [he/him]
      ·
      9 months ago

      ... ok? and? a system that requires infinite profits in a finite world is still stupid as fuck

        • blakeus12 [he/him]
          ·
          9 months ago

          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

                • blakeus12 [he/him]
                  ·
                  9 months ago

                  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