• rah
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    2
    ·
    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).

      • rah
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        2
        ·
        9 months ago

        So you’re saying stupid is bad?..

        • blakeus12 [he/him]@hexbear.net
          link
          fedilink
          English
          arrow-up
          7
          ·
          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

          • rah
            link
            fedilink
            English
            arrow-up
            1
            arrow-down
            2
            ·
            edit-2
            9 months ago

            OP’s comment was stupid.

              • rah
                link
                fedilink
                English
                arrow-up
                1
                arrow-down
                1
                ·
                9 months ago

                The conflation of economic growth and profit.

                • blakeus12 [he/him]@hexbear.net
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  arrow-down
                  1
                  ·
                  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

                  • rah
                    link
                    fedilink
                    English
                    arrow-up
                    1
                    arrow-down
                    1
                    ·
                    9 months ago

                    nitpicking

                    LOL