This is correct. Capitalism requires perpetual growth because capitalist logic does not apply in saturated markets with excess capital. Anyone who believes in

This is correct. Capitalism requires perpetual growth because capitalist logic does not apply in saturated markets with excess capital. Anyone who believes in capitalism must by necessity believe thatcapital produces part capital and part consumer goods and that the rate of capital production must exceed the rate of capital depreciation. But in the face of stagnating population growth this logic must by necessity result in excess capital, threatening investor profit, to which they respond with drastic anti consumer measures.