does capitalism really require infinite growth in a world of finite resources?
Does capitalism really require infinite growth in a world of finite resources?
Matthew Harris
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Levi Flores
The issue is infinite growth of what. Value is subjective, based on what people are willing to pay for it.
Jacob Jones
Not really, people can be infinitely inventive and can create about anything out of anything.
Adam Allen
Capitalism per se don't, but our current economical system does
Julian Adams
>our economic system
>not capitalism
brainlet
Cameron James
no
Isaiah Scott
1)It doesn't require infinte growth because money can constantly be invested in solving somebody's problems for a profit.
2)Space exists you dumb nigger.
Jordan Perez
All it requires is private ownership
Benjamin Phillips
It's welfare and pensions that require infinite growth of GDP, because they are structured in a way that isn't to dissimilar from a Pyramid scheme.
Capitalism in it self doesn't require infinte growth.
Josiah James
He's not saying that we're not living under capitalism, he's just saying that capitalism isn't necessarily based on infinite growth. However, our current system of capitalism is, according to him.
Samuel Parker
Commies think that all business is strucyured like welfare and pyramid schemes because they have never been a part of a business venture in any capacity other than flipping burgers or selling shoes.
Camden Taylor
>Capitalism in it self doesn't require infinte growth.
It certainly doesn't require growth, but is most definitely how it plays out.
Joseph Flores
You say that like growth is a bad thing.
Isaiah Wright
Nope, not bad. The process of creative destruction is part and parcel of capitalism. The Schumpeterian take on that process is the interesting part. That the process of capitalism's tendency to expand onward will lead to fewer and fewer actual companies, creating a state of de facto socialism.
ex: the airlines in the US are effectively socialized in that there are very few of them and they cannot buy each other without regulatory approval. The decades-long process of growth in the industry has led to a state of stasis that cannot be overcome without federal regulatory approval.
Hunter Davis
The airline industry is like that because the United States never got over the fear of flyibg machines that can crash into things and explode, and the high barrier to entry and low profit margins make it extremely unlikely that a new airline will up and start, which is why mergers are discouraged. It has nothing at all to do with growth.
Evan Rivera
>does capitalism really require infinite growth in a world of finite resources?
No, because the idea of "finite resources" is retarded. We get more goods in effect but use less resources to do it because of technological advances. As an example, energy usage of humanity peaked in 1970 and has been going down since.
Brody Gonzalez
Not sure if you're a moron or attempting to troll.
Dominic Smith
Capitalism is about competition and free-trade, it does not matter the ammout of ressources as long as there is a certain ammount of ressources the most sucessful nation will have the biggest part of it and some nations willl have less
Capitalism is not equalitarian like communism and does not imply that everyone will be allocated an equal ammount of ressources
Thomas Lewis
How does that link, at all, in any way, address the content of my post?
Caleb Price
>there's only one way of doing capitalism.
Jason Young
ressources can be recylced and growth can come from innovations. there is no reason why an economy theoretically can't grow forever.