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The author touches on a salient point: capitalism has no market for social good. Social good does not equate to profit, in fact, it is usually an exorbitant cos
by iamcasen 9y ago
The author touches on a salient point: capitalism has no market for social good. Social good does not equate to profit, in fact, it is usually an exorbitant cost.
Furthermore, capitalism has obvious logical limitations that most people who are in love with it seem to ignore. It runs on resource and energy extraction from the earth. All economic operations run on energy and materials. There will come a point where all resources are extracted from the earth, so no new wealth will be generated in that way.
At that point (likely much sooner), capitalism as we use it today will not function what so ever.