3 ms·
If we interpret "ever increasing number of mouths to feed" as "more people", we can imagine the following: I sell a product. The more people buy my product, th
by rackjack 5y ago
If we interpret "ever increasing number of mouths to feed" as "more people", we can imagine the following:
I sell a product. The more people buy my product, the more money I make. The more people there are, the more people will buy my product. The more people there are, the larger the labor pool I can choose from. The larger the labor pool I can choose from, the more the workers' wages get depressed, so my profit margins get bigger. So the more people there are, the more money I make.
Obviously this is highly reductionist. Also, I don't think saying capitalism "demands" increased population growth is quite right. We can certainly imagine individual businesses who would not like population growth (e.g. mom-and-pop stores who know that increased local population increases the likelihood of a Walmart being erected and putting them out of business).
But on the whole, I think the presence of capitalism trends towards increasing population.
- gruez 5y ago>The more people there are, the larger the labor pool I can choose from. The larger the labor pool I can choose from, the more the workers' wages get depressed, so my profit margins get bigger. This this true? It presumes a bigger labor pool competing for the same amount of available jobs, which isn't true. As the economy grows, there are also more consumers who demand more products, which requires more workers/jobs.