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Capitalism comes with an embedded growth obligation. At the meta/aggregate level we have already consumed / are consuming the future and our current efforts are
by PeterStuer 7y ago
Capitalism comes with an embedded growth obligation. At the meta/aggregate level we have already consumed / are consuming the future and our current efforts are to fill the gap with interest.
So unless the top of the pyramid decides we can suspend capitalism for a few months, all the dominoes keep cascading growth obligations downstream and if you can't meet them you are pushed over the edge of the cliff.
- whb07 7y agoCapitalism isn’t embedded with anything. It’s human desire that is endless and never satisfied. It’s not capitalism that has Leonardo DiCaprio date multitudes of models in their 20s. It’s not capitalism when Soviet citizens would line up outside of the better armory factories to get their allotment of cutlery.