ujeenator@lemm.ee to Late Stage Capitalism@lemmy.worldEnglish · 1 day agoOur current economic systems require infinite growth in a finite system. In cellular biology, this is known as ‘cancer.’lemm.eeimagemessage-square13fedilinkarrow-up1163arrow-down13
arrow-up1160arrow-down1imageOur current economic systems require infinite growth in a finite system. In cellular biology, this is known as ‘cancer.’lemm.eeujeenator@lemm.ee to Late Stage Capitalism@lemmy.worldEnglish · 1 day agomessage-square13fedilink
minus-squareNoneOfUrBusiness@fedia.iolinkfedilinkarrow-up2·1 day agoDoes it require infinite growth adjusted for inflation? Because as long as you have a state printing money there will be inflation and if your profits don’t keep up with it that means they’re decreasing, not just constant.
minus-squareblackbelt352@lemmy.worldlinkfedilinkarrow-up1·24 hours agoYes, because the shareholders want bigger returns on investment that the idealized ~2% rate of inflation.
Does it require infinite growth adjusted for inflation? Because as long as you have a state printing money there will be inflation and if your profits don’t keep up with it that means they’re decreasing, not just constant.
Yes, because the shareholders want bigger returns on investment that the idealized ~2% rate of inflation.