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Got to get them a slightly bigger phone every four years so they don't launch rotten fruit at your yacht. And no, capitalism does not require constant growth.
by usrusr 5y ago
Got to get them a slightly bigger phone every four years so they don't launch rotten fruit at your yacht.
And no, capitalism does not require constant growth. The very specific subset of capitalism we practice does. Imagine a small world, an isolated island with strictly limited resources. You could easily run that on a form of capitalism, just with some corrective controls against certain tipover states.
Perhaps some very "purity"-focused form of capitalism would inevitably be in the growth-requiring subset, but nobody really does pure capitalism. A lot of people like to pretend they do, but that's just that: pretension, or fooling themselves.