16 ms·
The problem is that slow, steady growth cannot support capitalism. In order to convince investors to risk their money, the economy must promise a more handsome
by drjesusphd 11y ago
The problem is that slow, steady growth cannot support capitalism. In order to convince investors to risk their money, the economy must promise a more handsome return on their investment. That's why it's "bad news" when the economy "only" grows by 1-2% per year.
- coldtea 11y ago>The problem is that slow, steady growth cannot support capitalism. That sounds more like a solution.
- brbrodude 11y agoThe gods are unhappy with us :c With should have some offerings process going so the money rains again..
- baldfat 11y agoThe chart shows 3% to 3.5%.
- saiya-jin 11y agoso we don't support that much casino-style gaming with prospects of billions... not that depressing outlook. mankind will survive and adapt to much worse things than only 1-2% growth. Show some child abuse/slavery/deaths-by-US-bombs/born-with-cancer-or-hiv graphs, that's way more depressing than this pathetic... something
- rorykoehler 11y agoI know it's extremely unpopular with a segment of the economic/political philosophy fundamentalists but maybe it's time to accept that capitalism is flawed and not a cure all solution. Just because something worked under a certain set of conditions doesn't mean it will work well if at all under another set of conditions. Our conditions are clearly changing and we should adapt accordingly.