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Capitalism requires growth (or more generally, increased consumption of products/resources), so stagnation is bad by definition.
by minikites 8y ago
Capitalism requires growth (or more generally, increased consumption of products/resources), so stagnation is bad by definition.
- coldtea 8y agoOr capitalism is bad for requiring it (externalities be damned)
- tonyedgecombe 8y agoDoes it? There are plenty of companies with lower growth that still produce regular profits and dividends.
- minikites 8y ago>lower growth How many healthy/successful companies out there have _no_ growth? That's my point.