Capitalist paradox
Anyone else find it interesting that capitalism is predicted on the idea that infinite growth is possible, therefore that infinite resources exist, but somehow also there isn't enough to share?
Capitalist paradox
@Hex i don't think infinite growth is a prerequisite for capitalism.
Capitalist paradox
@sneak i should have said something like infinite growth is "assumed," but, yeah, infinite growth is a required because capitalism is a Ponzi scheme. The only way it keeps going is by consuming more resources and borrowing from the next generation...
Capitalist paradox
@sneak Money requires infinite growth. Money has to be with less and less over time so people spend or invest it instead of just removing it from circulation. If people took money out of circulation, the economy would collapse. Imagine if all currency worked like Bitcoin, and you can see why that doesn't work...
Capitalist paradox
@sneak Since competition within the capitalist market place is basically a genetic algorithm where the fitness function is how much money you can leverage, capitalism has infinite growth baked right in to it's functional prerequisites.
Money becomes worth less over time, so you have to constantly consume more money. But also, the value you need to compete increases with each generation because bigger organizations will just consume you to make more money...
Capitalist paradox
@sneak but also infinite growth is a prerequisite to ideological acceptance of capitalism by anyone who doesn't already own capital. There are 3 options if you don't have capital:
1) you accept that you and all future generations remain wage slaves forever,
2) you fight against your oppressor (either inside the system as competition or outside as revolution), or
3) you believe that through infinite growth you or your offspring too will once wear the boot...
Capitalist paradox
@sneak capitalism without infinite growth is literally definition of the game of Monopoly.
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!