this post was submitted on 05 Apr 2024
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[–] rah@feddit.uk 0 points 2 years ago* (last edited 2 years ago) (8 children)

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@hexbear.net 6 points 2 years ago (7 children)

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

[–] rah@feddit.uk -1 points 2 years ago (6 children)

So you're saying stupid is bad?...

[–] blakeus12@hexbear.net 7 points 2 years ago (1 children)

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

[–] rah@feddit.uk -1 points 2 years ago* (last edited 2 years ago) (1 children)
[–] blakeus12@hexbear.net 5 points 2 years ago (1 children)
[–] rah@feddit.uk 0 points 2 years ago (1 children)

The conflation of economic growth and profit.

[–] blakeus12@hexbear.net 1 points 2 years ago (1 children)

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

[–] rah@feddit.uk 0 points 2 years ago

nitpicking

LOL

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