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>the nature and logic of capitalism, understood as a system directed at the accumulation of capital. Capitalism is about a lot more than accumulation of capita
by fuzzfactor 4y ago
>the nature and logic of capitalism, understood as a system directed at the accumulation of capital.
Capitalism is about a lot more than accumulation of capital.
How about deployment of capital? Markets?
>Capitalism is a grow-or-die system. If accumulation declines, the result is economic crisis. The answer of the system is to boost accumulation.
Doesn't have to be
>speak of economic growth as a principal problem, and of the need for a steady-state economy as a solution
This I agree with but it's easier to conceptualize with a stable world population flourishing at a level where renewable resources are abundant.
>For capitalism, accumulation of capital is everything
This is a repeating theme, at one extreme
A political frame of mind may be socialist, communist, democratic, or things like that whether or not there is capitalism involved.
Even though people say there is always money in politics, there doesn't have to be either. Any of these different political systems could exist or function without money if people tried hard enough. It surely would be a way different civilization, so unfamiliar to us that it would be shocking. But maybe not that unfamiliar to more than one of the lost civilizations of many bygone millennia.
Now for capitalism you really do need money, other people's money to be specific. It's economic, not absolutlely required to be political either even though that's how it turned out to most people's experience.
As we see in democratic, socialist, and communist political systems, there are so often greedy capitalists who accumulate but do not leverage to produce or add real value. All suffer as the wealth needed to feed the accumulation is sucked out of the overall "economy".
Yeah, you need money to be a capitalist, but so many times almost nobody has enough so they mostly really "need money badly" for survival even if they are not greedy by nature.
OTOH many major worthwhile projects could never be achieved without excessive accumulation, which should ideally be leveraged into value added.
Greed is the fundamental problem to me more than capitalism itself, that's where the accumulation amounts to value consumed rather than value produced. One is positive, the other negative, once you get a critical mass of greed you can be sure many major worthwhile projects will never be achieved.
Regardless, different currencies have different environmental impacts.
It's not just the energy and raw materials that went into your EV that makes it have a bigger carbon footprint relative to the motor fuel savings. The money you have to earn and the work you have to do to pay for the thing bring the total up even more when it comes to environmental cost. The same consumer item can have a way different cost for different people.