@[email protected] to Late Stage CapitalismEnglish • 2 days agoOur current economic systems require infinite growth in a finite system. In cellular biology, this is known as ‘cancer.’lemm.eeimagemessage-square15fedilinkarrow-up1180arrow-down13
arrow-up1177arrow-down1imageOur current economic systems require infinite growth in a finite system. In cellular biology, this is known as ‘cancer.’lemm.ee@[email protected] to Late Stage CapitalismEnglish • 2 days agomessage-square15fedilink
minus-squareNoneOfUrBusinesslinkfedilink2•1 day agoDoes it require infinite growth adjusted for inflation? Because as long as you have a state printing money there will be inflation and if your profits don’t keep up with it that means they’re decreasing, not just constant.
minus-square@blackbelt352link1•1 day agoYes, because the shareholders want bigger returns on investment that the idealized ~2% rate of inflation.
Does it require infinite growth adjusted for inflation? Because as long as you have a state printing money there will be inflation and if your profits don’t keep up with it that means they’re decreasing, not just constant.
Yes, because the shareholders want bigger returns on investment that the idealized ~2% rate of inflation.