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Has Capitalism Reached a Turning Point?
- 573f 12y agoI have long believed that capitalism is fundamentally flawed. It is a system that was designed when the world seemed endless. There were always new lands to discover (and exploit) and new markets to conquer. Capitalism is based on the idea that growth is always possible. Your investments will, on average, provide a return through increased value. But, we now know that the Earth is essentially a closed system. There is a finite amount of energy available. What happens when a system based on constant growth runs out of room to grow?